Property Market Shows Strong Momentum During May Day Holiday, Quzhou Development Hits Limit Up

Deep News05-07 10:13

During the 2026 May Day holiday from May 1 to 5, the online signing area for new residential properties in 26 key cities increased by 12.5% compared to the same period last year. On May 7, the real estate sector saw active trading, with Quzhou Xin'An Development Co.,Ltd. (600208.SH) reaching the daily limit up. According to data from the China Index Academy, the online signing area for new residential properties in 26 major cities during the 2026 May Day holiday rose by 12.5% year-on-year. Cities with stronger policy support performed particularly well, with Guangzhou's average daily first-hand home purchases increasing by 50.1% and Wuhan's number of new residential property transactions surging by 120.4% compared to the previous year.

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