The implementation of the new policy has heated up the real estate market in Shenzhen.

Starting from April 1st, Shenzhen Housing Provident Fund has implemented new policies, allowing individuals to voluntarily increase their deposit ratio to 12%, further lowering the threshold for buying a house. The new policy coincided with the Qingming Festival holiday, but the enthusiasm for house viewings in the second-hand housing market in Shenzhen has not decreased. Many real estate agencies have reported that the willingness of first-time home buyers to enter the market has increased, and the transaction period has noticeably shortened. At the same time, after experiencing the "mini spring" market in March, some homeowners in the market have shown a tendency to hold onto their properties for higher prices, resulting in a slight decrease in listings and a narrowing of bargaining space. According to data from the Shenzhen Ke.com Research Institute, during the Qingming holiday, the number of second-hand housing contracts signed in Ke.com's cooperative stores in Shenzhen increased by 33% year-on-year, while the number of new housing subscriptions increased by 26% year-on-year. Data from the LeYouJia Research Center shows that during the Qingming holiday in 2026, the number of first and second-hand contracts signed at LeYouJia stores in Shenzhen reached the highest level in the same period in six years since 2021, with a 55% year-on-year increase in first-hand contracts and a 28% year-on-year increase in second-hand contracts.