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✉news BusinessReal Estate first seen 3 d ago, last 3 d ago, peak #29

Shenzhen second-hand home signings surge 63% over National Day holiday

Original: Shenzhen National Day Holiday Property Market 2024: Second-Hand Home Contract Signings Surge 63% YoY, Real Estate Projects Compete to Attract Buyers with Down Payments Starting from 50,000 Yuan

Shenzhen's property market saw a sharp pickup during the 2024 National Day holiday, with second-hand home contract signings up 63% year on year. New real estate projects competed for buyers with aggressive promotions, including down payments starting from 50,000 yuan, as developers sought to capitalise on renewed buyer interest during the break.

Why now: A sharp holiday surge in transactions and heavy discounting signals a possible turnaround in China's struggling property market.

ShenzhenChinaShenzhen property market

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