---
title: "The new policy stimulates the Shenzhen real estate market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/282035196.md"
description: "The new policy for the Shenzhen housing provident fund will be implemented starting April 1, allowing individuals to voluntarily increase their contribution rate to 12%, thereby lowering the threshold for home purchases. During the Qingming holiday, the second-hand housing market in Shenzhen was active, with a year-on-year increase of 33% in signed contracts and a 26% increase in new home subscriptions. The willingness of first-time buyers to enter the market has strengthened, and the transaction cycle has shortened, but some homeowners have shown a tendency to hold back on sales, leading to a slight decline in the number of listings. According to data from the LeYouJia Research Center, the number of signed contracts reached the highest level in six years for the same period, with a year-on-year increase of 55% in first-hand contracts and 28% in second-hand contracts"
datetime: "2026-04-08T12:02:57.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/282035196.md)
  - [en](https://longbridge.com/en/news/282035196.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/282035196.md)
---

# The new policy stimulates the Shenzhen real estate market

Starting from April 1st, the Shenzhen housing provident fund will implement a new policy allowing individuals to voluntarily increase their contribution rate to 12%, further lowering the threshold for home purchases. The new policy coincides with the Qingming holiday, and the viewing enthusiasm in Shenzhen's second-hand housing market remains strong. Multiple real estate agencies have reported an increased willingness among first-time buyers to enter the market, with transaction cycles noticeably shortening. Meanwhile, after experiencing a "mini-spring" market in March, some homeowners have shown a tendency to hold back on selling, leading to a slight decline in the number of listings and a narrowing of bargaining space compared to the previous month. According to monitoring by the Shenzhen Beike Research Institute, during the Qingming holiday (April 4th to 6th), the number of second-hand housing contracts signed at Beike's Shenzhen partner stores increased by 33% year-on-year, while new home subscriptions rose by 26% year-on-year. Data from the LeYouJia Research Center shows that during the Qingming holiday in 2026, both first-hand and second-hand contract volumes at LeYouJia stores in Shenzhen reached the highest levels for the same period in six years since 2021, with first-hand contract volumes increasing by 55% year-on-year and second-hand contract volumes increasing by 28% year-on-year. (CCTV Finance)

### Related Stocks

- [399001.CN](https://longbridge.com/en/quote/399001.CN.md)
- [399106.CN](https://longbridge.com/en/quote/399106.CN.md)

## Related News & Research

- [China April Retail Sales +0.2% y/y (exp 2%) & Industrial Prduction +4.1% y/y (exp 5.9%)](https://longbridge.com/en/news/286699672.md)
- [China economy slows sharply as investment returns to contraction](https://longbridge.com/en/news/286707036.md)
- [ZAWYA: Al Habtoor Tower: Dubai's boldest residential project yet](https://longbridge.com/en/news/287051508.md)
- [Cattle Look to Wednesday Trade After Tuesday Gains](https://longbridge.com/en/news/287064797.md)
- [07:56 ETWellen Park marks 10 years among America's top-selling master-planned communities](https://longbridge.com/en/news/286766568.md)