【"Shanghai's Nine Policies" are one month old, and Shanghai's new housing market has seen record weekly sales】

On May 27th, Shanghai released the "Shanghai's Nine Policies" real estate market policies. Now, one month after the implementation of these policies, Shanghai's new housing market is booming, with transaction volumes increasing. Some new property projects have even triggered a scoring system due to the high demand. The second-hand housing market has also seen significant growth in both visits and transactions, with even a few days of over 1000 transactions per day. Overall, the policy effects are gradually being released, and the real estate market is gradually recovering. Lu Wenxi, a market analyst from Shanghai Zhongyuan Real Estate, said that since mid-June, transaction volumes in Shanghai's new housing market have continued to rise, and the policy benefits are finally reflected in the transaction data for new homes. In addition, the recent transactions of second-hand homes have been relatively active, and these landlords are expected to become potential buyers of new homes. With the increase in effective supply, there is still room for further growth in subsequent transactions.