According to a report released by the China Index Research Institute, in September, second-hand housing prices in Guangzhou fell 0.54% month-on-month, and the decline was 0.04 percentage points narrower than the previous month. Looking at sub-jurisdictions, second-hand housing prices fell month-on-month in all major municipal districts of Guangzhou. Among them, Huangpu District saw the biggest decline, falling 1.07% month-on-month. At the end of September, Guangzhou implemented a new property market policy and completely lifted purchase restrictions. It is expected that activity in the second-hand housing market will increase in October.

According to a report released by the China Index Research Institute, in September, second-hand housing prices in Guangzhou fell 0.54% month-on-month, and the decline was 0.04 percentage points narrower than the previous month. Looking at sub-jurisdictions, second-hand housing prices fell month-on-month in all major municipal districts of Guangzhou. Among them, Huangpu District saw the biggest decline, falling 1.07% month-on-month. At the end of September, Guangzhou implemented a new property market policy and completely lifted purchase restrictions. It is expected that activity in the second-hand housing market will increase in October.