Middle Finger Research Institute: In the first half of September, the year-on-year decline in the sales of new homes in 30 cities narrowed, with an average turnover rate of 38% at a high level of fluctuation.

According to CRIC monitoring data, the transaction area of the key 30 cities in the first 14 days of September reached 1.593 million square meters, a decrease of 6% compared to the same period last year. The market shows weak recovery characteristics with a slowing year-on-year decline rate. In terms of short-term market heat, the September market heat remains high: According to CRIC monitoring data, the turnover rate of key 30 cities' projects in the first half of September was 38%, a slight decrease of 4 percentage points compared to the entire month of August 2025, and an increase of 11 percentage points compared to the entire month of September 2024.