[Shenzhen New and Second-Hand Home Sales Exceeded 10,000 Units in May]
According to data disclosed today by Shenzhen Centaline Research Center, Shenzhen recorded 10,079 new and second-hand residential transactions in May, up 11.4% MoM and 28.4% YoY, marking the first time sales surpassed 10,000 units in 14 months. Data showed that Shenzhen registered 4,545 new home transactions (presale + ready-for-sale) in May, up 33.6% MoM and 43.7% YoY. Among them, presale transactions totaled 2,819 units, up 52.9% MoM and 37.2% YoY, while ready-for-sale transactions reached 1,726 units, up 10.9% MoM and 55.8% YoY. Citywide second-hand residential transfers totaled 5,534 units for the month, down 1.9% MoM but up 18.1% YoY.