Shenzhen Centaline Research Center reported June residential transactions at
8,878 units, down 11.9% MoM but up 14.2% YoY, the highest June volume since
2021. New-home net-signings (presale + current-sale) totaled 3,785 units (-16.7%
MoM, +15.6% YoY); resales recorded 5,093 transfers (-8.0% MoM, +13.1% YoY).