Home sales recover in Shenzhen

The residential property market in Shenzhen, Guangdong province has recovered continuously following the easing of restrictions since late September.

In fact, a second new residential project was sold out within a day, after the policy was introduced.

A total of 192 apartments of the project in Guangming district were snapped up within one-and-a-half hours after the project was launched on Saturday, with sales hitting approximately 600 million yuan ($84.4 million).