The Zhitong Finance App learned that in August 2026, Kerui Real Estate published an article stating that in August 2026, the transaction area of newly built commercial residential buildings in 50 key cities across the country was about 9.33 million square meters, a year-on-year decline of 16.4%. The market was once again under pressure due to the double drag of the traditional low season of sales and continued contraction in supply. Against the backdrop of a year-on-year decline in new housing transactions, second-hand housing continued to maintain positive growth with price advantages and transaction flexibility. In August, the second-hand housing transaction area in the country's 20 key cities was about 14.51 million square meters, an increase of 8.8% over the previous year. The increase was basically the same as last month. From January to August, the cumulative transaction area was about 125.09 million square meters, with a cumulative year-on-year increase of 6.9%. Second-hand housing sales volume and growth rate were significantly ahead of new homes, and the dominant position of second-hand housing continued to strengthen. In terms of the land market, judging from the popularity of the market, the average premium rate fell back to 7.68% this month, down 7.25 percentage points from July, but still 1.51 percentage points higher than the same period last year.

Zhitongcaijing · 2d ago
The Zhitong Finance App learned that in August 2026, Kerui Real Estate published an article stating that in August 2026, the transaction area of newly built commercial residential buildings in 50 key cities across the country was about 9.33 million square meters, a year-on-year decline of 16.4%. The market was once again under pressure due to the double drag of the traditional low season of sales and continued contraction in supply. Against the backdrop of a year-on-year decline in new housing transactions, second-hand housing continued to maintain positive growth with price advantages and transaction flexibility. In August, the second-hand housing transaction area in the country's 20 key cities was about 14.51 million square meters, an increase of 8.8% over the previous year. The increase was basically the same as last month. From January to August, the cumulative transaction area was about 125.09 million square meters, with a cumulative year-on-year increase of 6.9%. Second-hand housing was significantly ahead of new housing in terms of volume and growth rate, and the dominant position of second-hand housing continued to strengthen. In terms of the land market, judging from the popularity of the market, the average premium rate fell back to 7.68% this month, down 7.25 percentage points from July, but still 1.51 percentage points higher than the same period last year.