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在线翻译:
szdaily -> Shenzhen -> 
Pre-owned home transactions in Sept. dip by 80%
    2021-10-12  08:53    Shenzhen Daily

THE city’s pre-owned home transaction volume posted a year-on-year plunge of over 80 percent in September, with only 1,765 pre-owned homes having been sold, oeeee.com reported yesterday, quoting statistics from the city’s housing and construction bureau.

This marked a consecutive six-month decline in pre-owned home transaction volume.

The data indicated that the number of pre-owned home purchases has certainly slowed since Shenzhen started to implement official reference prices for pre-owned home transactions this February.

Compared to a pre-owned home transaction volume of 2,043 units in August, the transaction volume in September was down 13.6 percent month on month, the second lowest in a decade. The combined area of pre-owned homes sold last month also fell 13.4 percent month on month.

While the pre-owned home market in Shenzhen is cooling down, new homes in the property market are gaining ground.

Some real estate agents said that customers are still on the fence at this stage and many believe that there is still a lot of leeway to make bargains. Meanwhile, most of them are also preparing to purchase newly built homes.

According to data from 58 Anjuke Institute, 1,081 new homes were sold in Shenzhen during this year’s National Day holiday from Oct. 1 to 7, up 163 percent year on year. The figure was also the highest for the holiday period in a decade, Southern Metropolis Daily found.

Shenzhen’s supply of new homes has also been expanded in tandem with the drop in pre-owned home transactions.

Data showed that the supply of new housing in Shenzhen surpassed 16,000 units in September, up 175.8 percent month on month and up 40.5 percent year on year. The supply of residential homes exceeded 12,000 units, up 152.9 percent month on month and 63.4 percent year on year.

According to the city’s housing and construction bureau, 55 commercial residential housing and business apartment projects are expected to enter Shenzhen’s property market in the fourth quarter, with a supply of 30,736 units. (Zhang Yu)

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