AI Data Insight
The year-on-year growth rate of Shenzhen's newly constructed commercial residential price index recorded -4.5% in April 2026, narrowing significantly from the -5.3% decline in the previous month and marking two consecutive months of improvement. Benefiting from the relaxation of purchase restrictions in core districts and credit optimization policies at the end of April, the recovery momentum in tier-one cities has strengthened, and the market expects Shenzhen's property market to take the lead in bottoming out in the second half of the year.