Core Viewpoint - After five consecutive months of decline, the second-hand housing market in Hangzhou has shown signs of recovery in August, with a total of 6,633 transactions, marking a slight decrease from July but a stable performance compared to the previous year [2]. Group 1: Market Performance - In August, the average transaction price for second-hand residential properties in the city was 28,178 yuan per square meter, a slight increase of 0.2% from July and a year-on-year increase of 2.0% [2]. - The total number of transactions in August was 6,633, which is higher than January and February but lower than the peak of 12,413 transactions in March [2]. - The proportion of transactions for properties priced below 2 million yuan has risen to 49.4%, indicating a strong demand from first-time buyers [2]. Group 2: Transaction Highlights - Among the top 20 transactions, 8 properties had an average price below 20,000 yuan per square meter, with the lowest being 9,082 yuan per square meter for the Yuexiu Xinghui City, which saw 23 transactions [3]. - Five newly delivered properties with less than one year of occupancy were among the top 20 transactions, indicating a resurgence in demand for quality new homes [3]. - The Jiangxiangyunlu project in Xiaoshan was particularly notable, with 31 transactions and a remarkable 520% increase from the previous month, priced at 16,294 yuan per square meter [4]. Group 3: Emerging Trends - The performance of relocation housing has been outstanding, with three such projects entering the top ten transactions in August, all being newly delivered properties [4]. - The original reconstruction community, Zhejiang Gong University New Village, recorded 14 transactions, a 75% increase from July, with an average price of 41,225 yuan per square meter [5]. - The Du Shiyuan project in Yuhang also performed well, with 13 transactions and a 160% increase from the previous month, priced at 12,959 yuan per square meter [5].