The new policy on the Shenzhen real estate market was finalized with signing contracts late into the night, and some homeowners have raised their asking prices.

date
05/05/2026
Before the May Day holiday, Shenzhen introduced a new round of real estate optimization policies, among which the most attention was the "targeted increased purchase" adjustment for the three core areas of Futian, Nanshan, and Baoan Xin'an Street. Stimulated by the new policy, during the May Day holiday, the transaction volume of new real estate in Shenzhen performed well, and major second-hand real estate agencies also presented a busy scene. Journalists visited several real estate agencies and learned that both online and offline inquiries have significantly increased. Some agents indicated that during the May Day holiday, customers' decision-making speed has significantly accelerated, and they have been working continuously, often signing contracts late into the night. After the implementation of the new policy, the mentality of some second-hand property owners has also changed. Some owners have started to wait and sell at a higher asking price. A real estate agency manager stated, "Previously, a property that could have been sold for 2.2 million yuan, the owner now wants 2.38 million yuan."