AI Data Insight
In Q2 2026, the YoY growth rate of the Shenzhen New Commercial Residential Housing Price Index narrowed to -3.6%, a significant improvement from the previous -4.5%, establishing a bottoming-out trend. Benefiting from the relaxation of purchase restrictions in core areas and credit optimization, the transaction volumes of primary and secondary homes hit a new high for the same period in nearly six years. Foreign institution Goldman Sachs expects the Shenzhen property market to take the lead in stabilizing by the end of the year, and the fermentation of policy dividends is expected to support a structural recovery in prices.