November 4th, 2025 - Zhang Bo and Sheng Fujian from the 58 Property Research Institute

Industry Boom Degree: The industry boom degree index in October was 46.7, which has been below the threshold for seven consecutive months. It declined by 2.4 from the previous month on a month-on-month basis, with weak supply and demand and a decline

46 City Performance: Only four cities out of the 46 have exceeded the 50-point line. Over 70% of cities have lower levels of prosperity than last month. All first-tier cities have declined. In the newly emerging cities, Zhengzhou, Hangzhou, and Qingd

Overview of the National Real Estate Brokerage Industry's Prosperity

In October 2025, the real estate brokerage industry showed a weakening trend in recovery momentum, and the boom index declined from the previous month. After hovering at low levels in the first half of the year, the industry experienced a sustained r