"Guangzhou real estate market sees a 'mini spring', some second-hand homeowners adjust prices accordingly"
Since entering March, the "early spring" of the Guangzhou property market has unexpectedly arrived, with both the first and second-hand property markets showing signs of warming up simultaneously. Recently, a reporter from the Shanghai Securities News visited the Guangzhou property market and found that several multi-million yuan luxury projects have seen a resurgence in transactions, becoming the "leader" of the recovery in the new housing market. The transaction volume of some second-hand properties with improved supporting facilities has also increased, with some homeowners even raising their asking prices. Interviewees believe that the structural characteristics of this round of "early spring" in the Guangzhou property market are obvious, with transactions of small-size units still being the main force, and the demand mainly coming from buyers looking at properties priced between 1 to 2 million yuan. Looking ahead, with the continuous entry of new properties into the market, this round of market trends is expected to continue.
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