1. Shanghai's April secondhand home sales hit a near 10-year high, indicating a significantly shorter decision-making cycle for homebuyers. 2. Institutions report 121 secondhand home transactions in Shenzhen during the May Day holiday, an 80.6% year

2026-05-06

1. Shanghai's April secondhand home sales hit a near 10-year high, indicating a significantly shorter decision-making cycle for homebuyers. 2. Institutions report 121 secondhand home transactions in Shenzhen during the May Day holiday, an 80.6% year-on-year increase. 3. Guangzhou's new home sales during the May Day holiday increased by over 50% year-on-year. 4. Foshan's real estate market saw a surge in activity during the May Day Golden Week, with a clear market recovery. 5. Beijing's real estate market rebounded during the May Day holiday, driven by demand from upgraders, resulting in active transactions in both new and secondhand homes. 6. Chengdu's real estate market continued its "mini-boom," with a recovery in the secondhand market and increased attention on high-end new homes. 7. A residential land parcel in Shenzhen was sold at the reserve price for 7.045 billion yuan. 8. The average price of new homes in 100 cities rose both year-on-year and month-on-month in April. 9. The year-on-year decline in land acquisition by the top 100 real estate companies narrowed in the first four months. 10. US job openings remained relatively stable in March, while new home sales increased compared to the previous month.