Increase by 54.6%! Shenzhen's total transactions of first and second-hand residential properties reached 35,000 units in the first four months.

According to the Housing and Construction Bureau of Shenzhen, from January 1 to April 28, 2025, a total of about 35,000 sets of new and second-hand residential properties were sold in the city, an increase of 54.6% year-on-year. Following the "mini spring" market in March, the real estate market in April continued to consolidate its recovery trend. The person in charge of the Shenzhen Real Estate and Urban Development Research Center stated that overall, the real estate market in Shenzhen is currently stable, with increasing transaction volume and stable prices. With the full release of national policies such as interest rate cuts, increased lending, and tax cuts, as well as measures to promote housing consumption such as increasing the amount of housing provident fund loans, it is expected that the real estate market will continue to consolidate its recovery trend in the second quarter.