二手房成交延续回温趋势，2026年深圳楼市迎来“开门红”

Core Viewpoint - The Shenzhen second-hand housing market is experiencing a "tail-end" trend, with transaction volumes increasing significantly, driven by seasonal factors and a shift towards more rational pricing strategies [2][3][4]. Group 1: Market Performance - In the second week of 2026, Shenzhen recorded 1,595 second-hand housing transactions, a 43% increase compared to the previous week, attributed to a recovery in volume following the New Year holiday [2]. - The total annual transaction volume for second-hand homes in Shenzhen for 2025 was 56,200 units, a slight increase of 3% year-on-year, while the recorded volume reached 69,800 units, up 4.3% [3]. - The average price of second-hand homes in Shenzhen was approximately 59,000 yuan per square meter in 2025, reflecting a year-on-year decrease of 6.3% [3]. Group 2: Supply and Demand Dynamics - There has been a slowdown in the number of new listings for second-hand homes, with a 10% decrease in weekly new listings since late December 2025 [2][4]. - The proportion of second-hand home transactions has reached 60% of the market, driven by demand from first-time buyers who are sensitive to pricing [3]. - The overall inventory of new homes in Shenzhen decreased to 3.27 million square meters by the end of 2025, the lowest in four years, although the time required for inventory turnover has increased to approximately 15.3 months [6]. Group 3: Future Outlook - The market is expected to stabilize in 2026, with government efforts aimed at improving the quality and affordability of new housing supply, as well as facilitating the second-hand housing market [7]. - The transaction cycle for second-hand homes has extended, with an average of over 200 days, indicating challenges in selling properties [7]. - The overall sentiment in the market remains cautious, with expectations for more conservative sales strategies from developers in 2026 [7].