The volume of real estate transactions in Shenzhen surged last weekend.

On September 5th, after Shenzhen issued new policies on the real estate market, it quickly sparked a market frenzy. According to Shenzhen's Beike Research Institute, the first weekend after the new policies, the real estate market in Shenzhen experienced a surge in transactions. In the second-hand housing market, the number of second-hand contracts signed by Beike Shenzhen's cooperative stores increased by 33% compared to the average of weekends in August, and by 60% compared to the average of weekends in July. This data intuitively reflects the stimulating effect of the new policies on the second-hand housing market, igniting the enthusiasm of buyers rapidly. The new housing market is equally hot. Data from Shenzhen's Beike Research Institute shows that after the new policies were released, the number of new housing subscriptions at Beike's cooperative stores in Shenzhen significantly increased, with a 40% increase compared to the average of weekends in August, and a 50% increase compared to the average of weekends in July. The rapid growth in new housing subscriptions indicates that the new policies have not only activated the second-hand housing market but also significantly increased activity in the new housing market, providing developers with a good selling opportunity.