Housing sales in the top nine cities fell 16% year on year to 98,019 units in Q4 2025, while new launches declined 10%; developers call it a phase of market realignment Housing sales in the top nine cities fell 16% year on year to 98,019 units in Q4 2025, while new launches declined 10%; developers call it a phase of market realignment by Soban News (international And National News)