Shenzhen property market stayed active in July: total online contract
registrations for new and second-hand residential units were 8,324, up 13.8%
YoY. New-build registrations totaled 3,529, up 32.7% YoY. Year-to-date,
higher-quality projects have continued to sell strongly, with average
opening-day sell-through around 70%. Second‑hand registrations were 4,795, up 3%
YoY, accounting for roughly 60% of residential transactions.
