Institutions | In March, Shenzhen's new and existing residential online signing volume reached its highest in nearly 11 months

On April 1, according to data disclosed by the Leyaohome Research Center, in March 2026 Shenzhen’s total signed sales volume for first- and second-hand residential properties was 7,898 units, up 117% month-over-month, reaching the highest level in the past 11 months. It is understood that among this figure, the city’s signed sales for first-hand residential pre-sales were 1,571 units, up 109% month-over-month; signed sales for existing properties were 1,256 units, up 130% month-over-month; and in total, signed sales were 2,827 units, up 118% month-over-month. Signed sales for second-hand residential properties were 5,071 units, up 117% month-over-month, remaining steadily at the “break-even line” level of around 5,000 units in the Shenzhen real estate market.

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