AI Data Insight
In Q3 2026, the Shenzhen newly built commercial residential housing price index fell by 1.0% year-on-year, a significant narrowing from the previous decline of 2.3%. Benefiting from the intensive rollout of official mortgage optimization and presale system adjustment policies, buying sentiment in core cities is gradually recovering. This suggests the real estate market is expected to see a short-term recovery in both volume and price. Going forward, the destocking pace in peripheral areas requires continuous monitoring.