Core Insights - The report from the China Index Academy reveals that in the first 11 months of 2025, three real estate companies in Xi'an achieved sales exceeding 10 billion yuan, namely Poly Developments, China Railway Construction, and Greentown China [1][3] Group 1: Sales Performance - Poly Developments ranked first with a sales figure of 12.07 billion yuan, followed closely by China Railway Construction at 11.88 billion yuan, and Greentown China at 11.52 billion yuan [3] - Compared to the previous month, Poly Developments saw a 13.65% increase in sales, while year-on-year, it experienced a 12.8% decrease. China Railway Construction's sales increased by 13.79% month-on-month but decreased by 16.28% year-on-year. Greentown China had an 11.8% month-on-month increase but a significant year-on-year drop of 33.68% [3] - The number of companies achieving over 10 billion yuan in sales has decreased from five in the same period last year to three this year [3] Group 2: Market Stability - The rankings of the top three companies have remained stable over the past several months, indicating consistent performance despite varying sales strategies among different firms [3] - Other companies making it into the top ten include China Jinmao, China Merchants Shekou, Joy City Holdings, Longfor Group, China Resources Land, Vanke, and Longxiang Holdings [3] Group 3: Sales Area - In terms of sales area, Poly Developments led with 740,000 square meters sold, followed by Greentown China with 699,000 square meters, and China Railway Construction with 681,000 square meters [5] Group 4: Top Projects - The top-selling project was Jinmao Puyi Dongfang, generating sales of 3.33 billion yuan, maintaining its position as the best-selling project for four consecutive months [7] - Other notable projects include Jinmao Mansion with sales of 2.94 billion yuan and Huafa Jincheng with 1.09 billion yuan [7] - High-tech and premium residential projects are performing well, with several new projects in Xi'an's market showing strong sales due to their product quality and advantageous locations [11][13]