Supported by factors such as the emergence of positive real estate trends and the resurgence of large transactions, the overall trading volume of Guangzhou's commercial real estate market rebounded in August, with office building trading volume increasing by nearly 40% month on month and apartment trading volume increasing by more than 50% month on month. According to the August Guangzhou commercial real estate market report released by Hefu Guanghuang Commercial Real Estate on the 11th, the transaction volume of office buildings in Guangzhou in August was 23000 square meters, an increase of 39% compared to the previous month. The overall trading volume is at a moderate level this year. In terms of the apartment market, the transaction volume of apartments in Guangzhou in August was 55000 square meters, an increase of 53% compared to the previous month. Except for Zengcheng District, which saw significant growth driven by bulk trading, most other regions showed a relatively mild month on month increase. Chen Jianheng, a market analyst at Hefu Research Institute, said that the recovery in Guangzhou apartment trading volume in August was mainly driven by bulk trading, and the recent frequent positive news also had a positive impact on the confidence of homebuyers. According to the report data, the trading volume of the Guangzhou store market in August was 20000 square meters, a decrease of 9% compared to July. Due to the lack of bulk trading, the trading volume in the store market has been low for two consecutive months. The trading volume in the central area generally decreased month on month, while the peripheral areas generally increased, with Nansha District still having the highest trading volume. Chen Jianheng stated that the Ministry of Commerce has designated this year as the "Year of Boosting Consumption", and the introduction of multiple central and local policies to promote consumption has also played a sustained role in driving economic recovery. He expects that with the stabilization of consumption, the activity of rental and sales in the store market is expected to accelerate in the coming time (Xinhua News Agency)