在郑楠看来，库存与成交能够维持稳定，核心动力源于两方面：一是市场价格的平稳运行，二是买卖双 方预期的理性调整。他表示，当前市场虽仍处于买方主导阶段，但议价空间已显著收窄，从过往"大幅 让利"的博弈模式，转变为小幅协商的理性沟通状态。 以宋家庄片区一套挂牌价540万元的房源为例，郑楠介绍，该房源因具备"满五唯一"、户型优质等核心 优势，挂牌后迅速吸引5组购房者关注，并有多组客户进入面谈环节。不过，小业主仅同意最高20万元 的小幅让利，目前双方仍处于协商博弈阶段。 位于丰台区岳各庄片区另一家头部中介机构经纪人李文莉表示，历经多轮市场调整后，当前北京二手房 市场已趋于平稳，小业主挂牌价已回落至市场合理定价区间。在此背景下，购房者期望在挂牌价基础上 获得大幅让利的可能性已大幅降低。 受限客群提前启动置业计划 北京二手房市场的稳健韧性正逐步凸显。北京商报记者统计，截至2025年12月29日，北京2025年的最后 一个月二手房网签量达到14528套。这也是北京二手房连续两个月月度成交突破1.4万套。尽管从数据上 看，新政带来的效果还未直接体现，但来自北京多个热门片区的经纪人反馈，新政落地后的首个周末， 以刚需房源为主导的 ...

业内人士认为，市场信心与需求释放动能增强，整体看，市场企稳的积极信号有所显现，预计今年一季 度北京楼市成交保持高位，刚需和改善性需求将持续释放。 2025年12月24日，北京发布购房新政，从限购、信贷、公积金贷款等方面进行优化，降低了非户籍家庭 社保/个税年限要求，五环内由3年降至2年，五环外由2年降至1年；多孩家庭允许在五环内多购1套；不 再区分首套、二套商贷利率；将二套公积金贷款首付比例降至25%。本次政策直接扩大了购房群体规 模，降低了购房成本，有利于促进非京籍和多孩家庭购房需求释放。 "新政后那周末两天北京单量爆发，我们本来周一或周二可以选一天休假都停休了，公司要求改到2月初 连休，元旦假期也就1号休一天，其余时间都在上班。"北京海淀区某大型房产中介门店的工作人员对记 者说，最近看房量和成交量都挺多，但价格相对稳定。 中原地产研究院统计数据显示，北京楼市新政落地后（2025年12月25日至31日），新房日均网签133 套，较新政前（2025年12月1日至24日）增长44.6%；二手房日均网签702套，较新政前（2025年12月1 日至24日）增长37%，其中，12月31日单日网签1034套，较新政初期 ...

证券时报·券商中国记者多方采访了解到，北京楼市新政实施以来，看房量和成交量均较新政前有了明显增 加，其中，新房日均成交涨幅超过二手房。 业内人士认为，市场信心与需求释放动能增强，整体看，市场企稳的积极信号有所显现，预计今年一季度北京 楼市成交保持高位，刚需和改善性需求将持续释放。 2025年12月24日，北京发布购房新政，从限购、信贷、公积金贷款等方面进行优化，降低了非户籍家庭社保/ 个税年限要求，五环内由3年降至2年，五环外由2年降至1年；多孩家庭允许在五环内多购1套；不再区分首 套、二套商贷利率；将二套公积金贷款首付比例降至25%。本次政策直接扩大了购房群体规模，降低了购房成 本，有利于促进非京籍和多孩家庭购房需求释放。 "新政后那周末两天北京单量爆发，我们本来周一或周二可以选一天休假都停休了，公司要求改到2月初连休， 元旦假期也就1号休一天，其余时间都在上班。"北京海淀区某大型房产中介门店的工作人员对记者说，最近看 房量和成交量都挺多，但价格相对稳定。 中原地产研究院统计数据显示，北京楼市新政落地后（2025年12月25日至31日），新房日均网签133套，较新 政前（2025年12月1日至24日）增长4 ...

2025年12月24日，北京发布购房新政，从限购、信贷、公积金贷款等方面进行优化，降低 了非户籍家庭社保/个税年限要求，五环内由3年降至2年，五环外由2年降至1年；多孩家庭 允许在五环内多购1套；不再区分首套、二套商贷利率；将二套公积金贷款首付比例降至 25%。本次政策直接扩大了购房群体规模，降低了购房成本，有利于促进非京籍和多孩家庭 购房需求释放。 "新政后那周末两天北京单量爆发，我们本来周一或周二可以选一天休假都停休了，公司要求 改到2月初连休，元旦假期也就1日休一天，其余时间都在上班。"北京海淀区某大型房产中 介门店的工作人员对记者说，最近看房量和成交量都挺多，但价格相对稳定。 中原地产研究院统计数据显示，北京楼市新政落地后（2025年12月25日至31日），新房日 均网签133套，较新政前（2025年12月1日至24日）增长44.6%；二手房日均网签702套， 较新政前（2025年12月1日至24日）增长37%，其中，2025年12月31日单日网签1034套， 较新政初期（2025年12月25日至28日）的日均511套近乎翻倍，2025年12月全月二手房网 签17181套，重回1.5万套"荣枯线"以上 ...

（来源：北京商报） 北京二手房市场的稳健韧性正逐步凸显。北京商报记者统计，截至12月29日，北京12月二手房网签量达 到14528套，按照本月日均500套的成交量，全月突破1.5万套已成定局。这也是北京二手房连续两个月 月度成交突破1.4万套。尽管从数据上看，新政带来的效果还未直接体现，但来自北京多个热门片区的 经纪人反馈，新政落地后的首个周末，以刚需房源为主导的片区置业需求回升，市场咨询量与到访量同 步走高。与此同时，传统入学需求季集中释放，北京部分区域二手房源带看量持续攀升，叠加库存规模 回落、成交态势企稳等多重因素，业主定价心态更趋理性，市场供需双方博弈正逐步回归良性理性轨 道。 成交企稳挂牌下降 北京商报记者统计发现，12月截至12月29日，北京二手房网签量已达14528套。以12月日均网签500套测 算，全月总成交量将突破1.5万套，实现连续两个月稳定在1.4万套以上，市场整体运行态势平稳。 中指研究院指数研究部总经理曹晶晶介绍，新政后（12月25日—28日），北京二手房住宅日均网签量为 511套，二手房成交量基本持平，考虑到网签存在一定滞后性，随着时间推进，市场活跃度或有所提 升。 上海易居房地产 ...

| 商品房数据统计 | | | | | --- | --- | --- | --- | | 可售期房统计 | 2025 年11月预售许可 | | 2025/12/201 | | 可售房屋套数: 97876 | 批准预售许可证： | 16 | 网上认购: | | 可售房屋面积(M2)：8178377.6300 | 批准预售面积(M²): 526801.7300 | | 网上认购面积( | | 其中 42027 | 其中 住宅套数: | 2491 | 其中 住宅: | | 面积(M²): 5770481.4200 | 面积(M²): 395285.8600 | | 面积( | | 商业单元: 257 | 商业单元： | 0 | 南川 | | 面积(M²): 186528.9500 | 面积(M-): | 0.0000 | 面积( | | 573 办公单元: | 办公单元: | O | 办公! | | 面积(M2): 552331.9500 | 面积(M-): | 0.0000 | 直积( | | 车位个数: 44106 | 车位个数： | 3677 | 车位· | | 面积(M²): 1225293.2700 | ...

Core Insights - The Beijing real estate market is showing a clear trend where luxury homes and entry-level properties are performing well, while mid-range improvement housing is struggling to find its footing [1][4][13] - The market is characterized by a "two extremes hot, middle cold" phenomenon, indicating a significant divide in buyer interest and sales performance [4][5][13] Luxury Market - High-end properties are thriving, with unique resources and quality allowing them to maintain a separate market dynamic [6][8] - In November, luxury properties priced above 100,000 yuan per square meter frequently appeared on sales charts, with notable sales such as Jianfa Haiyan in Haidian district achieving a price of 137,036 yuan per square meter and generating over 600 million yuan in sales [7][9] - Buyers in the luxury segment are less sensitive to price changes, focusing instead on scarcity and exclusive resources [7][8] Entry-Level Market - Entry-level properties are gaining traction due to their affordability, with several units priced below 60,000 yuan per square meter making it to the top sales rankings [11] - Key factors driving the success of entry-level homes include proximity to subway lines, low total prices, and high usable area ratios [12] - For instance, the Zhongjian Yunhe Jiuyuan in Tongzhou sold nearly 70 units at just over 60,000 yuan per square meter, highlighting the appeal of affordable housing options [11][12] Mid-Range Market - The mid-range improvement housing market is facing challenges, caught in a difficult position without the allure of luxury or the price appeal of entry-level homes [13][14] - Properties priced between 6 million to just over 10 million yuan are struggling, with some previously popular projects now seeing price declines in the secondary market [13][14] - The disparity in costs within the same project could pose risks for future transactions, as buyers who purchased at higher prices may face losses if market conditions worsen [14] Market Outlook - The real estate market is expected to continue seeking balance between policy support and self-correction, with a persistent trend of "two extremes stable, middle fluctuating" likely to endure [15][16]

Core Insights - The resilience of Beijing's second-hand housing market is increasingly evident, with a notable rise in demand from first-time homebuyers and improvement-oriented buyers, leading to a 19.52% month-on-month increase in transaction volume [1][3][4] Group 1: Market Dynamics - The transaction volume of second-hand homes in Beijing reached 14,446 units in November 2025, reflecting a structural growth driven by both first-time buyers and those seeking improved living conditions [3][4] - The demand from first-time buyers is particularly strong in the inner third ring, while the outer fourth ring attracts buyers looking for better commuting options and competitive pricing [1][7] - The average number of property viewings has increased significantly, with some agents reporting a 33% rise in client inquiries, indicating heightened market activity [3][4] Group 2: Buyer Behavior - Buyers are becoming more cautious, often comparing multiple properties before making decisions, which is extending the transaction process [4][10] - Families planning for children's education are particularly active in the market, often starting their search in late November to align with school admission timelines [4][5] Group 3: Supply and Pricing Trends - The gap between new and second-hand home prices is widening, prompting some buyers to shift focus from new to second-hand properties [5][8] - The introduction of new residential projects in the fourth ring is enhancing the supply of improved housing options, which is expected to stimulate demand further [8][10] Group 4: Rental Market Influence - The trend of "renting instead of selling" is gaining traction among small property owners, with a significant reduction in the number of properties listed for sale [10][11] - This shift allows owners to generate rental income while waiting for more favorable selling conditions, reflecting a strategic adaptation to current market dynamics [11][12]

Core Viewpoint - The Beijing real estate market has shown a subdued performance in October, with both second-hand and new housing transactions declining compared to previous months and the same period last year [3][4][5]. Group 1: Market Performance - In October, the number of second-hand housing transactions in Beijing was 12,087, a month-on-month decrease of 23.7% and a year-on-year decrease of 30.4% [3][4]. - New housing transactions in October totaled 3,511, reflecting a month-on-month increase of 1.36% but a year-on-year decrease of 28.97% [3][4]. - The overall transaction volume for new and second-hand homes in Beijing from January to October 2025 reached 172,910 units, with year-on-year increases of 9.7% for new homes and 5.4% for second-hand homes [7]. Group 2: Influencing Factors - The decline in October's transaction volume is attributed to multiple factors, including the National Day holiday, which saw only 148 second-hand housing transactions during the holiday period [4][5]. - The high base from last year's market stimulus, particularly the "930" policy that significantly boosted transactions in September 2024, has made this year's October figures appear lower in comparison [5][7]. - The current market is characterized by a shift from rapid growth to a phase driven by fundamental factors such as population, economy, and income, indicating a more stable but pressured pricing environment [7]. Group 3: New Housing Market Highlights - Despite the overall decline, the new housing market in Beijing has seen some notable successes, with significant sales from new projects such as "Shuangzi Xing" and "Zijing Chenyuan" [8]. - The total new housing supply in October was 108,100 square meters, with major projects achieving substantial sales figures, including 56.5 billion yuan from one project [8][9]. - The top three real estate companies in terms of sales in the new housing market for the first ten months of 2025 were China Overseas Land & Investment, Yuexiu Property, and China Resources Land, with sales of 38.61 billion yuan, 25.49 billion yuan, and 23.89 billion yuan respectively [9].

Core Insights - The Beijing second-hand housing market is experiencing a structural recovery during the "Golden September" period, with a significant increase in transaction volume [1][3] - The recent "8·8" housing policy has provided a pathway for homebuyers with demand, leading to a release of pent-up demand and an increase in overall transaction volume [1][6] Market Performance - As of September 28, the number of signed second-hand housing contracts in Beijing reached 14,153, marking a year-on-year increase of 6.62% compared to 13,274 contracts in September 2024, and a month-on-month increase of 16.83% from August [3][4] - The market has shown a continuous upward trend for two consecutive months, indicating a positive market sentiment and effective policy impact [3][4] Demand Dynamics - The increase in demand is attributed to both seasonal factors and favorable policies in first-tier cities, which have activated both first-time and upgrade buyers [4][7] - In the outer areas beyond the Fifth Ring Road, the relaxation of purchase restrictions has allowed previously qualified buyers to enter the market, leading to a notable increase in transaction volumes [6][7] Buyer Behavior - Buyers are increasingly opting for quality second-hand homes that are ready for immediate occupancy, as they prefer not to wait for new constructions [6][8] - The adjustment in policies has significantly reduced down payment requirements, making home purchases more accessible and stimulating market activity [8] Core Area Resilience - The core area of Beijing's second-hand housing market remains stable, with a consistent level of inquiries and an increase in property viewings [10][11] - The "Golden September" period is seen as an ideal time for families with school-age children to purchase homes due to ample supply and stable prices [12][13] Future Outlook - The market is expected to continue its recovery as more properties return to reasonable pricing, enhancing their competitiveness and aligning with buyer expectations [13]