[HIGHLIGHTS] The four major first-tier cities have loosened their housing purchase restriction policies, and the industry predicts that the core cities will experience a "Little Indian Spring Market"

The four major first-tier cities have loosened their housing purchase restriction policies. The industry predicts that the core cities will experience a "Little Indian Spring Market" Shenzhen has adjusted its purchase restriction policy for registered resident families, non-registered resident families and adult singles (including divorced persons) In January 2024, 1,788 new housing units were sold in Shenzhen, a year-on-year increase of 9.8%.

The decline in transaction volume in January was mainly due to the fact that some practitioners went home early to celebrate the New Year.