TREE NEWS reports: Shenzhen’s second-hand housing market saw a sharp pickup during China’s National Day holiday. Beike Research Institute data showed signed deals at Beike’s partner stores in Shenzhen rose 23% year-on-year from October 1 to 5, while Leyoujia’s monitoring showed second-hand viewings up 30% month-on-month and 22% year-on-year, with signed deals up 11%. A Leyoujia regional marketing director said sales at more than 30 stores in Guangming district jumped 200% from September between October 1 and 4.
Shenzhen Second-Hand Home Sales Surge Over National Day Holiday
The holiday-week bounce is real but narrow: it rests on year-on-year and month-on-month comparisons against a soft base, and the standout figure comes from a single district's store-level sales rather than citywide transactions. That distinction matters because viewing and signing data from agency networks can reflect promotional pushes or timing shifts around the holiday rather than a durable demand recovery. The open question is whether the pickup persists into ordinary weeks once holiday effects fade, and whether it spreads beyond outlier districts.
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