Shenzhen’s housing market warmed in August. Beike Research said Beike’s Shenzhen
outlets saw new‑home daily subscriptions rise 40% month‑on‑month in August,
while daily second‑hand signings rose 9%. Leyoujia Research Center reported that
in early August transactions of second-hand homes priced below 3 mln yuan made
up 33.8% of sales, a year‑to‑date monthly high. As of Aug. 12 the average
negotiation margin on second‑hand residences fell below 9%, though listings
Under 3 mln yuan still showed a 10.7% margin.
