
Signs of stabilization in housing prices? The number of property listings in high-tier cities has decreased

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CICC: In December, the number of listings in super high/high-level cities decreased month-on-month, with some cities experiencing a decline in listings for one quarter. Considering that recent data changes may still be influenced by seasonal factors at the end of the year and the beginning of the year, as well as adjustments in expectations due to frequent policies, we believe it is essential to pay close attention to the trend of natural inventory changes after the Spring Festival, as this is crucial for assessing future housing price trends
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