February has never been the traditional peak season for second-hand housing transactions, but in the past February, the number of listings in Hangzhou's property market surged. The recovery of the second-hand housing market accelerated, with more than 7,000 units sold.
It is reported that since February 17, the average daily transaction of second-hand housing in Hangzhou has exceeded 300 units, and has been rising since then. According to Hangzhou Municipal Housing Security and Real Estate Administration Bureau, 391 units of second-hand houses were sold on February 24, and more than 400 units were sold on February 27. According to the monitoring of the Hangzhou Shell Research Institute, in February, the second-hand sales in the ten districts of Hangzhou were 7,396 units, an increase of 133% from January.