The Shenzhen Real Estate Brokerage Association reported new-home sales in
Shenzhen at 3,467 units in August, down 23.0% MoM and up 4.8% YoY. Resale
transactions were 5,108 units, down 2.3% MoM and up 7.6% YoY. Jan–Aug cumulative
resale volume was about 48,400 units, up 4.7% YoY.