Positive signals are constantly emerging! The real estate markets in Guangzhou and Shenzhen are brewing a "mini spring".

The transaction data in the markets of Guangzhou and Shenzhen has stabilized, and more and more homebuyers are starting to have positive expectations for the real estate market, signaling the beginning of a "small spring". According to a report from the Guangzhou Zhongyuan Research and Development Department, new projects are expected to enter the market after the Spring Festival holiday, with many "red-hot" projects driving the market to a high probability of a good start. It is predicted that a concentrated opening period will occur from March to April, with these projects mostly located in core urban areas, focusing on improved products that have certain market appeal, and are expected to drive transaction volumes up. In Shenzhen, the second-hand housing market seems to be busier than the new house market. Last week, the second-hand signing volume at LeYouJia's store in Shenzhen increased by 132% compared to the previous week, reaching the highest level since the end of March 2025; the number of second-hand house viewings also reached the highest point since mid-October 2024. Li Yujia, chief researcher at the Guangdong Provincial Housing Policy Research Center, stated that the recent performance of the real estate market in Guangzhou and Shenzhen has been relatively good. "Firstly, second-hand housing is performing better than new housing, with the hotspots in the new housing market limited to certain areas. Secondly, the increase in new listings for second-hand houses has decreased compared to the previous period, and has decreased compared to last year, indicating an improvement in market sentiment and expectations. Thirdly, the performance of the second-hand housing market has continued to improve, to some extent driving the demand for selling old properties and buying new properties, leading to a positive market cycle."