AI Data Insight
In Q3 2026 (June), the year-on-year decline of Shenzhen's newly built commercial residential housing price index narrowed to 2.9%, a significant convergence from the previous -3.6%, indicating a continuous slowdown in the downward trend of housing prices. Benefiting from the relaxation of purchase restrictions in core areas and credit optimization policies, high-quality projects have driven a rebound in average prices, and the market is transitioning from an accelerated decline into an L-shaped bottoming phase.