Recently, according to the official WeChat account of Shenzhen Leyoujia, Leyoujia and Lujing Real Estate's project “Lujing Baishizhou” are piloting the promotion of a new real estate “trade-in” model in Shenzhen to complete the transaction of existing housing and the rotation cycle with new homes. During interviews in various districts of Shenzhen, the reporter discovered that the listing prices of many second-hand property owners have dropped significantly compared to two years ago. Many buyers said that their second-hand property was difficult to sell, thus disrupting the replacement plan. Some industry insiders pointed out that sales of new and second-hand homes are at an impasse, mainly due to the demand for home buyers being suppressed because they are unable to sell their old homes or the transaction cycle is too long, and they need to take the lead in completing the sale of old homes. (Securities Times)