In January, the second-hand residential market in Guangzhou saw over 10000 transactions, a year-on-year increase of 18.78%

On February 1st, according to the Guangzhou Real Estate Intermediary Association, the transaction volume of the second-hand residential market in Guangzhou exceeded 10000 units in January this year, which decreased compared to the previous month due to the approaching Spring Festival, but significantly increased year-on-year. According to data released by the association, in January 2025 (statistical period: December 26, 2024 to January 25, 2025), there were 10038 online signings for second-hand residential properties in Guangzhou, covering an area of 1.0122 million square meters. Thanks to the continuous stimulation of heavy policies, the pace of citizens entering the market has significantly accelerated compared to the same period last year, with online signing volumes increasing by 18.78% and 19.20% year-on-year, respectively.

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