深圳楼市新政“满月” 市场热度明显提升

Core Insights - Shenzhen's real estate market has shown signs of recovery following the new policies implemented on September 5, with increased transaction volumes in both new and second-hand housing [1][2][3] New Housing Market - From September 5 to September 30, 16 new projects received pre-sale permits, a significant increase from only 6 in August, indicating developers' renewed confidence [2] - The combination of policy benefits and high-quality housing supply has amplified transaction volume growth, with increased viewings and reservations reported [2] Second-Hand Housing Market - The number of new second-hand residential contracts signed from September 6 to October 6 reached 3,699, marking a year-on-year increase of 32.63% [1] - The recorded volume of second-hand homes in September was 5,808, reflecting a month-on-month increase of 10.3% and a year-on-year increase of 52.4%, continuing a trend of exceeding the industry benchmark for seven consecutive months [1] Market Expectations - The Shenzhen Real Estate Association anticipates that the market will maintain high transaction volumes into the fourth quarter of 2025, driven by the ongoing effects of the new policies and the traditional sales peak [3] - Differentiated regulatory measures between core and non-core areas are expected to sustain market activity, with non-core areas benefiting from relaxed policies and lower prices, attracting first-time and upgrading buyers [3] Overall Market Performance - Despite a generally subdued performance during the National Day and Mid-Autumn Festival holidays, core cities like Beijing, Shanghai, and Shenzhen have seen year-on-year growth in new housing transaction areas [4] - The second-hand housing market in key cities has shown significant recovery in September, with expectations for continued moderate increases in transaction activity in October, although the "price-for-volume" strategy is likely to persist in the short term [4]