Shenzhen secondary-market activity strengthened over the National Day holiday,
with agents in Guangming reporting a 200% MoM rise in sales value for Oct 1-4
versus September. Policy note: non‑Shenzhen hukou buyers in non‑core Shenzhen
districts can buy up to two homes without meeting social‑insurance or
individual‑income‑tax requirements. Market data: combined new and resale
residential contracts in Shenzhen totaled 7,049 in Sept 2026, up 2.7% MoM; Beike
partner stores in Shenzhen saw resale contract signings rise 23% YoY during Oct
1-5, while Leyoujia monitoring showed resale viewings +30% MoM and +22% YoY and
signings +11% YoY.