TREE NEWS reports: Resale home transactions across 50 key cities on the Beike platform rose more than 45% year-on-year on a daily average basis during China’s 2026 National Day holiday. All city tiers posted gains, with second- to fourth-tier cities growing fastest. After a mortgage interest subsidy policy was introduced, resale buyer inquiries and home viewings increased notably, with weekly viewings up about 20% from the prior week.
Beike 50-City Resale Home Deals Up Over 45% YoY During China’s Golden Week
AI take
The breadth of the gain — every city tier, with lower-tier cities leading — points to a demand response rather than a single-market quirk, and the timing around a mortgage subsidy suggests policy is doing the work. The viewing uptick matters more than the transaction print, since it signals pipeline rather than completed activity. Whether that inquiry-to-deal conversion holds once the holiday effect fades is the open question, and it is the number to watch for any read on whether this is a durable shift in resale demand or a pulled-forward burst.
Generated by AI for reference only.
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