Shenzhen’s second-hand home sales hit new decade-low in Jan, land markets in major cities remained sluggish amid developers’ liquidity stress
DATA FEATURES
Shenzhen’s second-hand home sales hit new decade-low in Jan, land markets in major cities remained sluggish amid developers’ liquidity stress
DATA FEATURES

Shenzhen’s second-hand home sales hit new decade-low in Jan, land markets in major cities remained sluggish amid developers’ liquidity stress

 

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China’s technology hub of Shenzhen saw second-hand home sales hit a new low in ten years in January and land markets in major Chinese cities cooled further despite government measures to ease liquidity stress in the real estate sector.

Second-hand home transactions in Shenzhen fell to 1,557 units in January, marking the lowest level in a decade, compared to the previous ten-year low of 1,605 units set in October . . .

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