Shenzhen Real Estate Market Experiences "Mini Spring" as Second-Hand Home Transaction Volume Hits Five-Year High

SnapshotLaborer · 2026-03-18T07:36:01+00:00

The real estate market in 2026 showed a notable spring recovery that significantly outperformed last year. Data from Shenzhen Shell Research Institute shows that secondary home transaction volumes increased by 19% following the Spring Festival. Demand for small units has risen, with both two-bedroom and one-bedroom units showing expanded transaction shares. High-quality school district properties are gradually becoming the market mainstream.

SnapshotLaborer

2026-03-18 07:36:01

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According to the Shanghai Securities News and China Securities Journal, on March 18, a reporter from Shenzhen Beike Research Institute learned that the small spring market in 2026 is arriving as scheduled and performing significantly better than the same period last year. During the 22 days after the Spring Festival holiday, the signed second-hand housing transactions at Beike’s Shenzhen partner stores increased by 19% compared to the same period last year, reaching a five-year high for the same period.

Specifically, in terms of transaction types, small units with one or two bedrooms are more popular in the market than last year, with their transaction proportions rising and becoming an important support for the recent rebound in transaction volume. According to statistics, this year’s two-bedroom transactions account for 27.5%, an increase of 1.9% year-on-year; one-bedroom transactions account for 21%, an increase of 1.3% year-on-year.

Additionally, high-quality school district houses and medium-large units have seen a significant increase in transactions starting this week, and are expected to become the main force in the second half of this small spring market.

Source: Shanghai Securities News · China Securities Journal

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