Shenzhen's Real Estate Market Shows Robust Rebound in Early November

**[Shenzhen's Real Estate Market Continues to Rebound in Early November]** According to the LeJiaYou Research Center, in the early part of November, the cumulative number of new residential property subscriptions in Shenzhen reached 4,314 units, representing a 34% increase compared to the period from October 1st to 10th, with an average of 431.4 subscriptions per day. In the secondary housing market, the cumulative online signing volume of residential properties in Shenzhen amounted to 2,410 units, marking a 200% increase from October 1st to 10th, with an average of 241 online signings per day.

Yan Yuejin, Deputy Director of the Shanghai E-House Real Estate Research Institute, commented: "The surge in new residential property subscriptions in early November fully demonstrates that market demand is relatively strong, and market confidence continues to recover. Policies have played a positive role in reducing consumers' housing costs and thresholds, activating home-buying demand. Real estate enterprises should actively seize market opportunities. At the same time, the market rebound is also expected to spill over to the building materials market, stimulating activity in the building materials and home decoration sectors.