Shenzhen Real Estate Brokerage Association data show August 2026 second‑hand transactions totaled 5,535 units, down 3.3% MoM and up 5.1% YoY; second‑hand residential transactions were 5,108 units, down 2.3% MoM and up 7.6% YoY. Volumes slipped slight

2026-09-05

Shenzhen Real Estate Brokerage Association data show August 2026 second‑hand transactions totaled 5,535 units, down 3.3% MoM and up 5.1% YoY; second‑hand residential transactions were 5,108 units, down 2.3% MoM and up 7.6% YoY. Volumes slipped slightly from July but YoY gains widened, implying cooling transaction momentum amid activity that remains materially above last year and a still-stable market.