Core Viewpoint - The second-hand housing market is experiencing a continuous price adjustment, leading some first-time buyers to enter the market. As of September 2025, the average price of second-hand residential properties in 100 cities is 13,381 yuan per square meter, reflecting a month-on-month decline of 0.74% and a year-on-year decline of 7.38%. The prices have been falling for 41 consecutive months, with a cumulative decline of 5.79% in the first three quarters of the year [3][4][10]. Price Trends - The average price of second-hand homes in 100 cities has been on a downward trend, with a significant year-on-year decrease of 7.38% as of September 2025. The cumulative decline for the first three quarters is 5.79% [3][10]. - The second-hand housing market is under pressure due to high listing volumes, with a total of approximately 2.5842 million listings across 100 cities, indicating a growing trend [10]. Transaction Volume - In September 2025, 23 cities among key national cities saw a year-on-year increase in transaction volume. Notably, Huizhou experienced a 50.6% increase in transaction volume, with 4,594 units sold, while Xuzhou saw a 43.3% increase with 1,242 units sold [4][8]. - The overall transaction volume in Huizhou for the first half of the year was 23,007 units, marking a year-on-year increase of 14.80% [5]. Market Characteristics - The second-hand housing market is characterized by three significant trends: overall volume increase, structural differentiation, and policy-driven changes. The market is complex, primarily due to high listing volumes [10]. - The average listing duration for second-hand homes reached 95.12 days in September 2025, reflecting a year-on-year increase of 6.65%, indicating a slowdown in market circulation speed [10]. Policy Impact - Various local governments have introduced measures such as optimizing housing provident funds, offering purchase subsidies, and lowering mortgage rates to support market demand and maintain transaction volumes [9][10].

二手房价格持续调整，让部分刚需购房者选择"上车"。 二手房价格持续调整，让部分刚需购房者选择"上车"。 中指研究院最发布数据显示，2025年9月，百城二手住宅均价为13381元/平方米，环比下跌0.74%，同比 下跌7.38%。截至9月，百城二手房价格已连续41个月环比下跌。前三季度，百城二手房价格累计下跌 5.79%。 不过，从成交量情况看，今年9月份，全国重点城市中有23个城市同比上涨。 具体来看，9月惠州二手房成交套数4594套，同比涨幅达到50.6%，在中指研究院的统计中涨幅第一。 徐州9月二手房成交量1242套，同比涨幅43.3%。 这两个较低调的小城为何二手房成交涨幅居前？原因还是价格调整"到位了"。 以惠州为例，据惠州中原统计，惠州上半年二手房住宅过户量为23007套，同比上升14.80%。从成交占 比看，惠城区成交占比最大，达到32%，是惠州二手房市场的核心区域；大亚湾以20%占比位居第二， 惠阳区占比14%。 从成交总价看，中等总价是惠州二手房成交主流，上半年成交占比45%；高总价成交占比持续下降，从 2023上半年33%逐渐下降至19%；低总价成交占比从25%上升至36%，市场呈现出向"低 ...