Shanghai's Second-Hand Housing Market Sees Significant Activity Surge Since March

Published: Mar 14, 2025 11:04

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[Shanghai's Second-Hand Housing Market Becomes Active]
Since March, the activity in Shanghai's second-hand housing market has significantly increased. In some communities, five houses were sold within 10 days, while some agency branches sold 10 houses in a single Sunday. Viewing volume in less mature areas also saw a substantial rise. According to data, as of March 11, the trading volume of second-hand houses in Shanghai since March reached 10,066 units, up 51% YoY. Anjuke believes that the "early spring" trend has been basically established, and market confidence and activity are expected to remain high in the short term. Data from Shanghai Lianjia shows that in February, a total of 15,000 second-hand houses were sold in Shanghai, down 4% MoM but up 127% YoY; the transaction value reached 51.4 billion yuan, down 15% MoM but up 136% YoY.

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