Shenzhen's real estate market remains buoyant in the off-season of July, with second-hand luxury apartment transactions reaching a near six-year peak.

According to data from Shenzhen Real Estate Information Platform, in July, the total transaction of new commercial housing in Shenzhen reached 4,502 units, a month-on-month decrease of about 35%, but an increase of 19.3% year-on-year. Of these, residential transactions totaled 3,529 units, down 7% month-on-month, but up about 33% year-on-year. The performance of second-hand housing is also showing remarkable resilience. According to statistics from the third-party organization LeYouJia Research Center, in July, 4,795 second-hand residential units were signed online, a month-on-month drop of 6% and a year-on-year increase of 3%, consistently stabilizing near the "break-even line" level of 5,000 units. In the high-end luxury segment, the market performance in July was equally robust. Monitoring by Shenzhen Beike Research Institute showed that the transaction volume of second-hand luxury homes priced above 15 million reached an 11% year-on-year increase, hitting a nearly six-year peak, with sustained and positive release of demand for high-end properties.