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36 Krypton learned that the research data of Crane Real Estate shows that although third- and fourth-tier home buyers have begun to see signs of returning to their hometowns, the overall property market is difficult to reverse the decline in transactions. This year’s Spring Festival transactions fell by 14% year-on-year. 30% or more. The demand for first-line home purchases is relatively “firm”. Although the transaction volume during the Spring Festival week fell by 72% year-on-year, it is still significantly better than the same period in 2021 and 2019. The transaction performance of the second-tier cities was slightly inferior, with only 71,000 transactions during the Spring Festival week in 9 typical cities. The third- and fourth-tier cities “turned against the trend and became popular”, and the return home purchases began to take shape. The 28 third- and fourth-tier cities fell by 61% month-on-month and increased by 13% year-on-year.
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