According to data from Shanghai Centaline Real Estate, in March, the transaction area of new commercial housing in Shanghai was 1.001 million square meters, an increase of 94.0% from the previous month. In March, the supply area of new commercial housing in Shanghai was 881,000 square meters, an increase of 138.7% from the previous month. The average transaction price was 61,079 yuan/square meter, down 2.8% month-on-month.
Shanghai's New Commercial Housing Transaction Area Increase 94% MoM
According to data from Shanghai Centaline Real Estate, in March, the transaction area of new commercial housing in Shanghai was 1.001 million square meters, an increase of 94.0%
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