Shenzhen Real Estate Association: Shenzhen's second-hand housing market has gradually emerged from its lowest point, and transaction volume has entered a stabilization phase.

On December 1st, according to statistics from the Shenzhen Real Estate Agents Association, a total of 5762 second-hand houses were recorded in November 2025, an increase of 3.9% month-on-month and a decrease of 34.3% year-on-year. Looking at the monthly trend, since reaching a low point in February 2025, the market transaction volume has remained above 5000 units for 9 consecutive months, and further rose to 5762 units in November. This indicates that the Shenzhen second-hand housing market has gradually emerged from the bottom, and transaction volume has entered a stabilization phase. The continuous stability of transaction volume will help to ease market sentiment and provide support for the stability of future house price expectations.