Shenzhen Real Estate Intermediary Association data show 1,395 second‑hand homes
were recorded last week, up 9.4% week‑on‑week and the highest in roughly four
weeks; second‑hand residential units totaled 1,272, up 7.8% WoW. Shenzhen Beike
Research Institute monitoring shows Sept.1–13 new‑home bookings at Beike partner
stores rose 26% versus the same period in August, while resale contract signings
rose 22% versus that August period. Beike says recent property measures have
lowered purchase thresholds and boosted activity among first‑time and
improvement buyers; higher cost‑performance listings entering the market have
helped unblock replacement chains, lifting new buyer arrivals and viewings. Some
buyers report a narrowing of bargaining room in the resale market. Shanghai
E‑House deputy director Yan Yuejin said the 40‑year loan term is a policy cap,
not mandatory; buyers can negotiate repayment schedules with banks or shorten
cycles via early repayment. He said the policy’s core aim is to ease the initial
five‑year repayment bottleneck and enable more reasonable demand to access
credit, with room for operational flexibility.
