[Shanghai New Home Transactions Double YoY During National Day Holiday]

Published: Oct 09, 2026 11:33 (GMT+8)

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Under the combined effects of the "Shanghai Eight Measures" policy and the detailed rules for commercial housing sales reform, Shanghai's property market carried the recovery momentum from the "September peak season" into the National Day holiday. According to data from the China Index Academy, in September, Shanghai's new commodity residential housing transactions reached 1.179 million m², up 22.1% YoY. The second-hand housing market remained active during the same period, with a cumulative total of 23,581 online contracts signed for second-hand homes (including commercial properties) that month, up 15.7% YoY, hitting a new high for the same period in nearly six years. Since March this year, Shanghai's second-hand home trading volume has held above 23,000 units for the seventh consecutive month, with the market recovery momentum clearly visible. This heat also carried into the National Day holiday. According to statistics from Shanghai Centaline Property, during this year's National Day holiday (October 1–7), Shanghai's new commodity residential housing transaction area reached 34,600 m², doubling from the 17,300 m² recorded during last year's holiday period (October 1–8).

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