"Early spring" is here, and the real estate market in Shenzhen continues to recover.

date
18/03/2026
Since March this year, the real estate market in Shenzhen has seen a new wave of activity, with increasing transactions of new and second-hand properties. The market has clearly warmed up, showing signs of a "mini spring". Recently, as a new batch of high-quality residential projects have entered the market one after another, housing demand is expected to further increase. According to the Shenzhen Housing and Urban-Rural Development Bureau, in the first two weeks of March, the number of signed contracts for second-hand residential properties in Shenzhen increased by 23.8% and 24.5% respectively compared to the previous period. Real-time transaction data from top real estate agencies shows that in the first two weeks of March this year, the number of signed contracts for second-hand residential properties was 683 and 893 respectively, representing an increase of 124% and 30.7% compared to the previous period. A person in charge of a top agency introduced that this year's "mini spring" can be regarded as the second wave of heat since the optimization of control policies in September 2024, with clear signs of release in market demand. The average transaction price of a well-known real estate agency in Shenzhen has gradually increased from 57,000 yuan per square meter in November 2025 to 62,000 yuan per square meter. The second-hand housing prices have shown a "stabilizing after stop-falling" trend for three consecutive months, leading to a stabilization in the second-hand housing market. (Shenzhen Special Zone Daily)
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