Wang Zhonghua, chief statistician of the Urban Division of the National Bureau of Statistics, explained the statistical data on the changes in sales prices of residential Commodities in February 2025, stating that in February 2025, affected by the off-season of sales during the Spring Festival, the overall sales prices of residential Commodities in various tier cities among 70 large and medium-sized cities slightly decreased, while new residential Commodity sales prices in first-tier cities rose. Year-on-year, the decline in sales prices of residential Commodities in various tier cities continued to narrow.