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according to cric data, the number of commercial housing transactions in guangzhou has continued to rise from 2021 to 2023, reaching 20,000 in 2020, a record high. however, the supply side shows a contrast. in the past three years, the supply of commercial housing in guangzhou has continued to decrease, making the market competition more intense.

from september to october this year, the total online signing area of ​​commercial housing in guangzhou decreased by 19% year-on-year, and the transaction amount also decreased by 21%. despite this, guangzhou real estate companies are actively releasing a new round of housing purchase discounts, hoping to attract more buyers during the "golden september and silver october" period. longfor group said that in order to seize the opportunity of the peak sales season, the company has increased its efforts to promote the market and launched promotional measures such as discounts and fixed-price housing.

at the same time, shenzhen's property market is also experiencing different changes. although the volume of second-hand housing transactions fell to a certain extent in august, judging from the performance in the first seven months of this year, the number of second-hand housing online signings in shenzhen is still at a high level, indicating that market demand still exists.

in addition, shenzhen's new home market also showed a trend of continued slight decline, but compared with the same period last year, its transaction volume still increased to a certain extent. data from the shenzhen housing and construction bureau showed that at the end of august, shenzhen had 50,500 new homes available for sale, and the residential sales cycle was extended to 22.2 months, indicating that the market supply and demand relationship is still in a balanced state.

during the "golden september and silver october" period, the real estate market showed a dual conflict situation. on the one hand, market demand continued to increase, while on the other hand, supply was decreasing.