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Hangzhou's second-hand room stock continued to decline in may, but the house was sold well

   2026-09-06 NetworkingName930
Key Point:In may, the country experienced a fall in the market for buildings, including hangzhou, where the decline in the market for used houses was evident。I love my hangzhou data, which show that, after the deal fell to 7268 units in april, in may, hangzhou's used room went down again. In may, a total of 6885 second-hand rooms were sold across hangzhou (with a rich yang), a 5. 27 per cent drop in ring-to-ring ratio. A further fall in turnover als

2026 will fall in may

In may, the country experienced a fall in the market for buildings, including hangzhou, where the decline in the market for used houses was evident。

I love my hangzhou data, which show that, after the deal fell to 7268 units in april, in may, hangzhou's used room went down again. In may, a total of 6885 second-hand rooms were sold across hangzhou (with a rich yang), a 5. 27 per cent drop in ring-to-ring ratio. A further fall in turnover also meant that the market was becoming more difficult to sell。

However, in comparison with the same period last year, the performance in may was not too bad, with 6855 sets of transactions showing an increase of more than 40 per cent compared to the 4853 in the same period last year, and significantly higher than the one-month deal last year。

In the district of hangzhou, where the second-hand room was closed in may, most of it was just in demand at a total cost of $2-3 million each。

However, hangzhou i still ranks fifth on the list at a total of 15, at a high total price of over 10 million, after the peak of 16 in march this year. In addition, four units of the green town xiaoxiang monthly are being sold out of the multi-million-grade mansion projects, and two to three sets are being traded in the makoto province, the guang dynasty, the zhuang dynasty and the shifu of willows。

I love the fact that the opposition of this month's mansions, as compared to ordinary dwellings, also shows that the housing market has greater preservation and market resistance, regardless of whether the market is upper or lower。

As for the next second-hand market, i love the hangzhou institute, which is now entering a new round of games, and the forward-looking indicators continue to be explored, while the market outlook continues to increase. In the short term, the second-hand exchange data remains less than optimistic, with the rate likely to remain low。

With regard to the new housing market, according to the data of the institute for the study of good homes in the zhein network, in may 2023 the total value of new commercial housing in hangzhou (including the four main towns, chandong, yuhang, pingping, xiaoshan, fuyang and pianan) was $34. 65 billion, an increase of 33 per cent over the 26. 05 billion in may 2022; the total number of contracts was 7746, an increase of 1331, a 21 per cent increase; and in may the total value of new commercial housing in hangzhou x was $3236/m2。

In may, the pattern of sales rankings of hangzhou housing enterprises was also significant. The top three on the flow sales list are the littoral, green city and hanging industries, with sales of 40. 21 billion, 25. 539 billion and 12. 41 billion; the top three on the sales list are the littoral, green city and hua yun, with sales of 35,237 million, 22. 639 billion and 8. 61 billion。

In these two lists, liang jiang holds the position of the “first brother” in the country, and also ranks among the top 10 housing enterprises in the country in terms of total sales during the previous may。

In addition, the construction and construction industry, which has only been in existence for four years, has entered the top three of the hangzhou market, making it the largest black horse in the hangzhou market this year。

As can be seen from the single-sum deal, the three projects in hangzhou that were the top three this year were the collaboration of the three local housing enterprises, liang, kun and hang。

According to kerry statistics, the market in hangzhou has also become more fragmented, with sales continuing to concentrate on the headline, leading by the growth in the size of the front ladder。

In the case of the top5 housing company, liang and hwang huae are among the top three increases in performance in a single month, with a flow of 7. 8 billion plus, 5 billion plus and 2. 8 billion plus in may。

Under the dynamic development logic of the strong, the overall sales volume of top3 remained high. In terms of flow performance, top3 sales totalled approximately $779 billion, or 53 per cent of total top20 flows; in terms of equity performance, top3 sales totalled approximately $66. 5 billion, or 51 per cent of total top20 benefits。

 
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