Guangzhou's real estate market experiences a "small spring" as some second-hand home owners adjust prices accordingly

MetaMuskRat · 2026-03-28T04:39:52+00:00

Guangzhou's real estate market experienced a "small spring" in March, with active new and second-hand home markets. Some luxury projects and second-hand transactions increased, while small units and first-time buyers still dominate the market. It is expected that with increased new home supply, the trend will continue.

MetaMuskRat

2026-03-28 04:39:52

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People’s Financial News, March 28 - Since March began, the “minor spring” in Guangzhou’s real estate market has arrived unexpectedly, with both the first-hand and second-hand housing markets showing a simultaneous warming trend. Recently, a reporter from Shanghai Securities Journal visited the Guangzhou real estate market and found that several luxury housing projects worth tens of millions have seen a rebound in transactions, becoming the “leaders” in the new housing market recovery; some well-equipped new second-hand properties have experienced a rise in transaction volume, with some homeowners even raising their listing prices accordingly. Interviewees believe that the structural characteristics of this round of “minor spring” in Guangzhou’s real estate market are evident, with small units still being the main force, primarily driven by first-time buyers with total prices ranging from 1 million to 2 million yuan. Looking ahead, with the continued entry of new housing supply into the market, this round of market activity is expected to persist. (Shanghai Securities Journal)

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