In February, the sales prices of new Commodity Residences in first-tier cities rose by 0.1% month-on-month, the same increase as last month. Among them, Peking, Shanghai, and Shenzhen rose by 0.1%, 0.2%, and 0.4% respectively, while Guangzhou declined by 0.2%. The sales prices of second-hand Residences in first-tier cities changed from an increase of 0.1% last month to a decrease of 0.1% this month. Among them, Shenzhen rose by 0.3%, Peking remained the same, and Shanghai and Guangzhou declined by 0.4% and 0.3% respectively. In February, the sales prices of new Commodity Residences in second-tier cities changed from an increase of 0.1% last month to remaining stable; second-hand Residences declined by 0.4%, with the decline rate expanding by 0.1 percentage points compared to last month. In third-tier cities, the sales prices of new Commodity Residences declined by 0.3%, with the decline rate expanding by 0.1 percentage points; second-hand Residences declined by 0.4%, with the decline rate the same as last month.