Workers on the scaffoldings of a construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters.
Shenzhen housing market catches a chill as sales of lived-in homes shrank to 15-year low in 2021
- A total of 40,699 homes changed hands last year in the secondary market in Shenzhen, according to the Shenzhen Real Estate Intermediary Association
- Sales of lived-in homes shrank 60 per cent last year from 2020, the lowest level since 2007
Workers on the scaffoldings of a construction site near residential buildings in Shenzhen on May 17, 2020. Photo: Reuters.
