Recently, the sales performance of the top 100 real estate companies in the country for August was announced, revealing that overall performance remained at a historically low level.

Based on data from CRIC Guangxi, Nanning’s land market saw no transactions in August. However, the new housing market demonstrated slight improvements as both the supply and demand for commercial and residential properties increased compared to that of the previous month. Specifically, in August, the new supply of commercial housing in Nanning reached 217,400 square meters, marking a 49.40% increase compared to that of the previous month, but a 29.36% decrease year on year. The transaction area was 385,400 square meters, representing a 13.50% increase from that of the previous month and a 23.02% increase compared to that of the same period last year. Due to a surge in the online signing of parking space permits for several projects, the average transaction price fell to about 8000 yuan per square meter, now at 8,690 yuan per square meter, which reflected a 3.77% decrease month on month and an 11.93% decrease year on year.