Second-hand Commercial Housing Transactions in Shenzhen Increased In April

According to the Shenzhen Real Estate Information Platform, in April 2023, the transaction of second-hand commercial housing in Shenzhen was 347,500 square meters (3,845 sets), a year-on-year increase of 1.98%; among them, the transaction of second-hand commercial housing was 302,200 square meters (3,192 sets), a year-on-year increase of 1.93%.

According to the monitoring data of Leyoujia Research Center, in terms of the number of client inspections, new purchases, and transaction volume before and after the comprehensive policy, the adjustment of Shenzhen’s reference price has limited effect on customers.

It only temporarily stimulated a small wave of demand release. Most customers are still on the sidelines. Confidence in the owner's side has improved to a certain extent, and the owner's willingness to sell has increased. The overall quotations remain rational.