In 2025, the national real estate market has exhibited an overall trajectory of "steady at first, then declining." In the first quarter, buoyed by the lingering effects of the new policies rolled out last September, both transaction volume and prices remained stable. However, from the second quarter onward, as the policy effects faded, the market once again entered a downward cycle. Key indicators—including nationwide new home sales and second-hand home prices in Tier 1 cities—have shown month-on-month declines with a widening trend.
2025年，全国房地产市场整体呈现“前稳后低”的走势。一季度在去年9月新政余温的支撑下，市场量价保持平稳；然而自二季度起，随着政策效应消退，市场再度进入下行通道。全国新房销量与一线城市二手房价等关键指标的跌幅呈现逐月扩大趋势。
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