Core Insights - In August, Guangzhou's second-hand residential property transactions saw a slight month-on-month decline in both the number of contracts signed and the area involved, attributed to various factors including hot and rainy weather [1] Group 1: Transaction Data - The number of second-hand residential contracts signed in Guangzhou was 8,700, representing a month-on-month decrease of 2.92% [1] - The total area of second-hand residential transactions was 849,900 square meters, reflecting a month-on-month decline of 4.33% [1] Group 2: District Performance - Among the districts, Huadu and Baiyun experienced some growth in transaction numbers, while Nansha remained stable; other districts showed varying degrees of decline [1] Group 3: Area Composition - The proportion of transactions for properties sized between 60 to 90 square meters, 90 to 120 square meters, and 120 to 144 square meters increased month-on-month, while the proportions for properties larger than 144 square meters and smaller than 60 square meters decreased [1] Group 4: Active Market Segments - Several active market segments saw an increase in transaction numbers, with Tianhebei segment growing by 8.60%, and other segments such as Tongdewei-Luochongwei, Tianhe Park, and Xiguan increasing by 4.59%, 4.21%, and 4.10% respectively [1] Group 5: Year-to-Date Performance - For the first eight months of the year, Guangzhou recorded a total of 74,275 second-hand residential contracts signed, covering an area of 7,429,100 square meters, which represents a year-on-year increase of 7.62% and 7.40% respectively [1]