Core Viewpoint - The article discusses the recent rumors regarding new real estate regulations in Shenzhen, emphasizing the importance of relying on official information rather than unverified claims [2][3]. Group 1: Market Trends - There are rumors circulating on social media about new real estate policies in Shenzhen, which have been linked to a notification allegedly sent by Shenzhen Beike, urging employees to prepare for new stimuli [2]. - Industry experts suggest that the upcoming "May Day" holiday may lead to fabricated rumors aimed at stimulating real estate sales, advising buyers to trust official announcements [3]. - Following a "small spring" in the real estate market during March and April, experts predict a potential downward trend in the second quarter, indicating a policy vacuum where existing measures have been exhausted and new policies are yet to be implemented [3]. Group 2: Sales Performance - In March, Shenzhen's real estate market showed strong performance compared to other first-tier cities, with a significant increase in both new and second-hand housing transactions. Specifically, new residential sales reached 4,161 units, a 67.5% month-on-month increase and a 47.2% year-on-year increase, while second-hand residential transactions totaled 6,078 units, up 65.3% month-on-month and 58.3% year-on-year [3]. - The inventory of pre-sold residential properties in Shenzhen stood at 26,655 units by the end of March, with an average monthly sales rate of 3,474 units, resulting in a depletion cycle of approximately 7.7 months [3]. Group 3: Policy Adjustments - In March, the Shenzhen Housing Provident Fund Management Committee announced adjustments to housing provident fund loan regulations and interest subsidies, effective from March 24, 2025. These adjustments include increased loan limits, changes to minimum down payment ratios, and the removal of residency and first-home restrictions for intercity loans [4]. - The Shenzhen Real Estate Agency anticipates that new housing projects designed under the new regulations will enter the market, which are expected to enhance product quality and stimulate demand further. The ongoing policy support, including the new provident fund measures, is likely to keep the second-hand housing market active in April [4].