Data from the Guangzhou Association of Real Estate Agencies show extreme weather
that hindered viewings left July online-signed contracts for Guangzhou
second-hand residential properties down 0.94% MoM to 8,658 units and transactions
area down 3.42% MoM to 858,500 sqm. YoY declines were 7.10% in units and 7.23%
in area. Jan–Jul cumulative online-signed second‑hand contracts totaled 62,016
units and 6,207,200 sqm.