Group 1 - The Shenzhen second-hand housing market is showing signs of recovery, with a recorded transaction volume of 1,680 units last week, reflecting a 1.6% week-on-week increase, marking three consecutive weeks of growth [1] - The demand side is also improving, with a slight increase in new demand (委买合同), indicating a positive trend in both supply and demand, suggesting that transaction volumes may continue to rise steadily [1] - According to Beike Research Institute, from January 1 to January 25, the second-hand housing contract volume in Shenzhen increased by 26% compared to the same period last month, indicating a robust market performance [1] Group 2 - Real estate agents noted that the market typically experiences a "calm" period before the Spring Festival, but this year has seen a significant increase in transaction volumes, primarily driven by first-time homebuyers [2] - The second-hand housing market is increasingly viewed as a "barometer" for the overall market, with the proportion of second-hand transactions rising to approximately 65% in major cities, up about 4 percentage points from 2024 [2] - The timing of the Spring Festival in 2026 is later than usual, which may shift the traditional sales lull, making the performance from January to early February a critical indicator for the market's outlook for the first quarter and the entire year [2]

Group 1 - The core viewpoint of the articles indicates a significant increase in second-hand housing transactions in Shenzhen, with a 25% year-on-year growth in signed contracts from January 1 to January 18, 2026, compared to the same period last month [1] - The performance across different districts in Shenzhen shows a "blooming everywhere, with core areas leading" trend, with the top three districts—Futian, Nanshan, and Longgang—experiencing increases of 44%, 37%, and 32% respectively [1] - The total number of second-hand housing transactions in Shenzhen reached 1,654 units last week, marking a 3.7% increase compared to the previous week, indicating a sustained upward trend in transactions since the beginning of 2026 [1] Group 2 - Looking ahead to 2026, the Guangdong Provincial Urban Planning Institute's chief researcher, Li Yujia, emphasizes the government's dual approach to housing policy: improving the supply efficiency of new homes and promoting the exchange of old for new in the second-hand market to stabilize emotions and gradually achieve a stop to price declines [2] - According to the China Index Academy, as the housing market transitions into a stock era, the proportion of second-hand housing transactions is expected to rise, with second-hand homes accounting for approximately 65% of transactions in 30 major cities by 2025, an increase of about 4 percentage points from 2024 [2] - Major cities like Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu, Hangzhou, Nanjing, and Suzhou are seeing second-hand housing transactions exceed 60% of total sales, reflecting a shift in demand towards second-hand properties for first-time buyers [2]