In May, the total number of second-hand residential properties signed in Shenzhen was 7849, a month-on-month decrease of 16.7% and a year-on-year increase of 21.1%.

According to the data released by Leju today, the total number of new and second-hand residential property transactions in Shenzhen in May was 7,849, a decrease of 16.7% compared to the previous month and an increase of 21.1% compared to the same period last year. Of this total, there were 3,162 new residential property transactions, a decrease of 14.4% compared to the previous month and an increase of 25.6% compared to the same period last year; and there were 4,687 second-hand residential property transactions, a decrease of 18.2% compared to the previous month and an increase of 18.3% compared to the same period last year. (source: Caijing)