Core Insights - The real estate market in key cities such as Shenzhen and Beijing has shown positive growth in both new and second-hand property transactions in the first seven months of 2025, with Shenzhen leading in transaction volume growth at nearly 30% year-on-year [1][2] - Shenzhen's housing prices have been in a downward trend since Q3 2023, indicating a correction of the "bubble" in the market, leading to a shift in buyer demand from investment to residential needs [1][2] - The overall transaction volume for both new and second-hand homes in Shenzhen increased by 27% year-on-year, supported by first-time buyers and those upgrading their homes [1][2] Transaction Data Summary - In the first seven months of 2025, Shenzhen's new home transaction area increased by 25% and transaction amount by 19%, while second-hand home transaction area rose by 29% and amount by 25% [2] - The total transaction area and amount for both new and second-hand homes in Shenzhen reached 575 million square meters, with a year-on-year growth of 27% [2] Price Segment Analysis - The most significant transaction segment in Shenzhen is the price range of 300 million to 400 million yuan, accounting for 20.89% of total transactions, an increase of 4.58 percentage points from the previous year [3] - There is a noticeable decline in demand for high-end and luxury properties, particularly in the 1 million to 3 million yuan price range, where the transaction share dropped by 2.47 percentage points to 9.86% [3] Area Segment Trends - The primary transaction area segment remains 70-90 square meters, accounting for 36.05% of total transactions, with a slight increase from the previous year [6] - Larger properties over 120 square meters have seen a decline in transaction share, indicating a retreat in high-end demand [6] Market Characteristics - The Shenzhen market is characterized by a strong demand for affordable and high-value properties, with a significant number of transactions occurring in the 3-8 million yuan per square meter price range [9] - The second-hand market is experiencing a trend of "price for volume," with lower total price and higher value properties gaining a larger share of transactions [11] - The overall market is expected to continue its weak recovery trend, with sustained demand for affordable and upgraded housing options in the new home market, while the second-hand market may experience high volatility [17]
回归居住属性后,深圳一二手房成交大增
3 6 Ke·2025-08-28 02:26