采写：南都N视频记者陈荣梅 2025年2月-2026年2月深圳二手住宅成交均价月度走势图。数据来源：乐有家研究中心 乐有家研究中心2月27日数据显示，2月深圳二手住宅成交均价达6.2万元/㎡，环比上涨7.3%，连续3个月上涨。 乐有家研究中心认为，价格上涨一方面有结构性因素影响，2月800万-1000万元改善房源成交占比上升明显，上涨 了3.4个百分点；另一方面，随着长周期的调整，价格已逐步调整到位，随着市场预期及信心增强，价格企稳迹象 明显。 开年后深圳市场快速活跃，咨询量及成交量均已恢复至节前水平，叠加市场信心及预期向好、学区房热度带动， 小阳春正加速到来。 新房方面，靠近宝中商圈的珺悦名都成交数据引人关注，1天成交50套，带动楼市信心提 升。 ...

Core Insights - The Shenzhen real estate market demonstrated resilience in 2025, with total residential transactions exceeding 94,000 units, indicating signs of self-recovery [1] - The second-hand housing market showed a slight year-on-year increase of 3%, while the new housing market experienced structural differentiation, with a focus on existing homes and quality properties [1] - A survey conducted by LeYouJia Research Center revealed that 53% of respondents expect transaction volumes to rise in 2026, reflecting growing confidence in the market [1] Transaction Volume Expectations - 53% of survey participants believe transaction volumes will increase, with 18% expecting a significant rise and 35% anticipating a slight increase; 31% expect stability, while 16% foresee a decline [1] - The second-hand housing market recorded over 5,000 transactions for ten consecutive months in 2025, indicating stable trading activity [6] Price Expectations - 43% of respondents expect prices to stabilize, with 15% anticipating a slight increase and 28% expecting steady prices; 30% predict price increases, while 27% foresee declines [3] - The average transaction price for new homes in 2025 was 53,100 yuan per square meter, down 1.7% year-on-year, while second-hand homes averaged 59,000 yuan per square meter, down 6% year-on-year, with a narrowing decline [6] Market Trends - The preference for existing homes has increased due to their ability to mitigate delivery risks, making them a choice for risk-averse buyers [7] - Buyers are now prioritizing higher living standards, focusing on practical layouts, community amenities, and quality property management [8] - The market is witnessing a quicker release of demand, with first-time buyers entering the market early due to fears of rising prices, while upgrade buyers target quality assets in core areas [7] Buyer Sentiment and Expectations - The survey reflects a shift in buyer mindset from basic housing needs to a pursuit of quality living [8] - Buyers are looking for properties that ensure asset safety, practical and comfortable layouts, comprehensive living amenities, and reputable developers [8] - Key expectations from buyers include clearer signals for market stabilization, cost reductions for first-time and upgrade buyers, and enhanced delivery guarantees [9] Future Outlook - The Shenzhen real estate market is expected to move towards a more stable phase, aligning with the public's desire for secure and comfortable housing [10]

Group 1 - In January 2026, Shenzhen's second-hand residential transactions exceeded 5,000 units for the first time in eight months, with 5,281 units transacted, representing a year-on-year increase of 15.96% and a month-on-month increase of 6.88% [1] - The recorded volume of second-hand homes in Shenzhen reached 6,802 units in January 2026, marking a 45.5% year-on-year increase and a 2.9% month-on-month increase, indicating a continuous upward trend [1][2] - The average price index for second-hand residential properties in Shenzhen fell by 0.97% month-on-month and 6.00% year-on-year in January 2026, creating space for increased transaction volumes [2] Group 2 - Factors supporting the January market include improved market confidence due to successful sales of high-priced properties in December 2025 and government actions to mitigate negative market sentiment [2] - The late timing of the Spring Festival in 2026 has led some buyers to advance their purchasing decisions, further stimulating demand in the second-hand market [2] - The limited supply of new residential properties has redirected some demand towards the second-hand market, with monthly new home sales remaining below 2,000 units since June 2025 [2][3] Group 3 - The real estate policy is shifting towards stabilizing expectations and shortening adjustment periods, with expectations for demand to gradually release in March 2026 [3] - The growth in second-hand transactions, combined with price stabilization in core areas, suggests that the Shenzhen market may see a genuine stabilization in 2026 [3]

Group 1 - The introduction of new housing policies in Shenzhen on September 5 has led to an increase in market activity, with a notable rise in both new and second-hand property transactions despite a slight decline in second-hand sales due to typhoon weather [1][2] - As of September 28, the total number of new residential units sold in Shenzhen reached 1,482, while second-hand residential transactions totaled 4,323, indicating a robust market despite some fluctuations [1][2] - Real estate agents report a significant increase in decision-making speed and confidence among buyers with clear demands, although prices in the second-hand market remain relatively stable [1][2] Group 2 - The decline in second-hand housing prices over the past four years has made homeownership more accessible to previously unaffordable buyers, driving up transaction volumes [2] - The new policies are expected to create a positive cycle in the housing market, facilitating the transition from second-hand to new homes, particularly for buyers looking to upgrade [2] - The recent policy changes have led to a 35% increase in new home purchases in the 23 days following the policy implementation compared to the previous 23 days, and a 75% increase compared to the same period in August [2] Group 3 - Nationally, the new housing market has remained stable since 2025, but there has been a slight decline in sales since the second quarter, with September showing signs of recovery due to improved supply [3] - The second-hand housing market continues to operate on a "price for volume" basis, with key cities seeing a year-on-year increase in transaction numbers for the first three quarters [3]

Core Viewpoint - The Shenzhen real estate market showed a mixed performance in August, with a decline in new residential sales but a slight increase in second-hand housing transactions, indicating a complex market sentiment influenced by policy expectations and market conditions [1][2][3]. Group 1: New Housing Market - In August, the total number of new residential sales in Shenzhen was 2,151 units, representing a month-on-month decrease of 19.1% and a year-on-year decrease of 33.3% [1]. - The inventory of new pre-sale residential units reached 32,293 units by the end of August, an increase of 4,391 units compared to the end of June [1]. - The average monthly absorption rate over the past 12 months indicates a depletion cycle of 10.1 months, while the last 6 months suggest a longer cycle of 15.9 months [1]. Group 2: Second-hand Housing Market - The second-hand housing market recorded 4,175 transactions in August, a month-on-month decrease of 10.3% but a year-on-year increase of 9.8% [1][2]. - The average transaction price for second-hand homes was 59,600 yuan per square meter, with a slight month-on-month increase of 0.5% [2]. - The total number of second-hand housing transactions in August was 5,061 units, reflecting a month-on-month growth of 21.8% and a year-on-year increase of 12.8% [2]. Group 3: Rental Market - The average rental price for commercial properties in Shenzhen was 75.3 yuan per square meter in August, with a month-on-month increase of 0.5% [2]. - The average monthly rent per unit was 5,690 yuan, showing a month-on-month increase of 1.5% and a year-on-year increase of 0.6% [2]. Group 4: Market Outlook and Policy Impact - The recent adjustments in housing policies in Beijing and Shanghai are expected to influence Shenzhen's market, with a higher probability of policy follow-up to boost market expectations [3]. - The upcoming traditional peak season of "Golden September and Silver October" is anticipated to bring renewed market activity, supported by enhanced policy expectations [3].

Group 1 - The Shenzhen second-hand housing market shows signs of recovery with a recorded 1,184 transactions last week, representing a 5.2% week-on-week increase, ending a continuous decline trend [1] - As of August 4, 2025, there are 76,156 valid second-hand housing listings in Shenzhen, an increase of 645 from the previous week [1] - Despite a decrease in viewing volume due to heavy rain, the signing volume of second-hand residential properties increased significantly by 17% week-on-week, indicating a faster decision-making process among clients [1] Group 2 - In July, the new housing market in Shenzhen saw a net signing of 2,664 units, a decrease of 18.7% month-on-month, while second-hand housing transactions rose by 3.4% to 4,656 units, although still below May's levels [1] - The average listing price for second-hand homes in Shenzhen in July was 62,706 yuan per square meter, reflecting a 0.2% month-on-month increase, driven by price stability in popular properties and concessions in others [1] - The bargaining rate in July was 8.3%, an increase of 0.2% from the previous month, indicating a slight increase in negotiation flexibility [1] Group 3 - The housing market in Shenzhen is experiencing a traditional off-season in July, with a downward trend due to lower-than-expected policy implementation since June [2] - The increase in second-hand listings and significant price drops in the past suggest continued high trading activity in the second-hand housing market, supported by favorable loan conditions [2] - The new housing market is expected to show a pattern of "star projects being hot, while most developments remain flat," indicating competitive pressure and greater adjustment challenges compared to the second-hand market [2]

Group 1 - In July, Shenzhen's real estate market showed a trend of cooling in the primary market and stabilization in the secondary market, with primary residential transactions down 18.7% month-on-month to 2,664 units, marking a 17-month low [1] - The total transaction volume for both primary and secondary residential properties in July was 7,320 units, a decrease of 5.88% from June's 7,777 units [1] - The differentiation in the primary and secondary housing markets may be influenced by the supply structure, with high prices or poor locations of new developments driving buyers towards the secondary market [1] Group 2 - The secondary residential market in Shenzhen remained stable, with transaction volumes exceeding 4,500 units for three consecutive months from May to July, indicating a strong performance during the "golden three months" of March and April [2] - In July, the recorded volume of secondary residential transactions reached 5,669 units, reflecting a 2.2% month-on-month increase, with consistent performance above 5,000 units from May to July [2] - The demand for affordable housing is being supported by first-time buyers, with 39.69% of new residential transactions in July being for properties under 90 square meters, an increase of over 2 percentage points from June [2] Group 3 - The proportion of secondary housing transactions priced below 3 million yuan increased significantly to 27.2% in July, up 3 percentage points from earlier in the year, indicating a growing demand for affordable small units [3] - Policy measures such as reduced down payment ratios and optimized standards for ordinary residential properties have lowered the barriers for first-time buyers, directly stimulating demand in the under 3 million yuan segment [3] - The increase in the share of affordable housing transactions reflects the impact of price adjustments and policy incentives on first-time homebuyers [3]

Group 1 - The Shenzhen real estate market continues to show signs of recovery in 2023, with a notable increase in both new and second-hand residential transactions [1] - In June, Shenzhen's new residential property registrations reached 3,275 units, reflecting a month-on-month increase of 3.6% [1] - For the first half of 2025, new residential property registrations totaled 21,868 units, with pre-sale transactions accounting for 15,101 units, marking a year-on-year growth of 24.4% [1] Group 2 - The second-hand residential market in Shenzhen is also experiencing high activity, with 29,231 units transferred, representing a year-on-year increase of 36.6% [1] - Observations from a real estate agency in Nanshan District indicate that most staff are engaged in showing properties rather than managing listings, highlighting the demand in the market [1]

Core Insights - The core point of the article indicates that the second-hand residential prices in Shenzhen experienced a month-on-month decline of 0.5% in May, compared to a previous decline of 0.3% [1] - Year-on-year, the prices decreased by 3.2%, which is an improvement from the previous year's decline of 3.7% [1] Price Trends - Month-on-month change: -0.5% in May (previous value: -0.3%) [1] - Year-on-year change: -3.2% in May (previous value: -3.7%) [1]

Group 1 - In May, Shenzhen's new residential market saw a total of 3,162 units signed, a month-on-month decrease of 14.4%, with pre-sale transactions at 2,054 units and current sales at 1,108 units [1] - The second-hand residential market recorded 4,687 transactions, down 18.2% month-on-month but up 18.3% year-on-year [1] - The new housing market in Shenzhen has shown significant differentiation, with projects that offer price advantages and high-quality products performing better in sales [1] Group 2 - As of the end of May, the inventory of pre-sold residential units in Shenzhen was 26,343 units, a decrease of 1,719 units from the end of April [2] - The average monthly absorption rate over the past 12 months was 3,497 units, resulting in a depletion cycle of 7.5 months, while the average over the past 6 months was 3,329 units, leading to a cycle of 7.9 months [2] - The average transaction price for second-hand homes in May was 61,200 yuan per square meter, a month-on-month decrease of 2.9% [2]