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Pre-Sale Transactions in the Seven Major Cities Were Sluggish in the First Half of the Year, with Transaction Volume in Eight Districts Halved.
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With the seventh wave of credit controls and the continued effects of tightening mortgage lending, the pre-sale housing market is sluggish. According to the "591 Real Estate Price Registration" statistics, among the seven major cities, the ten regions with the largest year-on-year decline in pre-sale transaction volume in the first half of 2026 all saw a decline of more than 40% in transaction volume compared to the same period last year, with e…
·New York, United States
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