"May Day" on-the-ground investigation of Chengdu's real estate market: second-hand home transaction volume increases month-over-month

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“In April of this year, the transaction volume of new and second-hand houses in Chengdu was about 30k units.” A Beike real estate agent told reporters that overall, the transaction data for second-hand houses is better. Month-on-month, the second-hand housing transactions in Chengdu have indeed significantly rebounded. According to Chengdu Housing Purchase Data, the transaction volumes for the first three months were 18.1k, 11.4k, and 23.2k units respectively; in April, the second-hand house transactions reached 24.5k units, of which 20.4k units were located in the central urban area. However, year-on-year, the prosperity of Chengdu’s second-hand housing market has not changed significantly. In March and April of last year, the transaction volumes for second-hand houses in Chengdu were 25.4k and 24.5k units respectively. (Securities Times)

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