The top 20 real estate enterprises in Zhengzhou by sales performance for the January-February period have been released. According to the list, China Jinmao, China Merchants Shekou Industrial Zone Holdings, PowerChina Real Estate, China Overseas Land & Investment, and Tongpai Real Estate ranked as the top five developers.

During the first two months of the year, the combined sales revenue of the top 20 enterprises reached 3.916 billion yuan, with a total sales area of 242,800 square meters. The threshold for making the top 10 list was a sales value of 171 million yuan and an area of 9,900 square meters, while the threshold for the top 20 was 37 million yuan in sales and 3,200 square meters in area.

A report indicated that the Zhengzhou real estate market showed slight signs of recovery from a low base in February, although market segmentation remained significant. High-quality residential projects in core areas experienced an increase in visitor traffic and transactions, and newly launched fourth-generation housing projects continued to sell well. However, projects developed under older regulations still lacked activity.

In the secondary market, the number of new property listings decreased significantly both year-on-year and month-on-month. The average listing price for new entries stabilized, and the urgency to sell properties at reduced prices continued to ease.