[First-Tier Cities' Property Market Continues to Recover]

Published: Jun 22, 2026 09:37

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Around the Dragon Boat Festival, reporters visited Beijing, Shenzhen, and Shanghai and found that viewing numbers and trading volumes for popular new and second-hand housing projects had recovered, while demand for improved housing was released at a faster pace. Experts believe that, against the backdrop of policy support and stabilizing home prices, the property markets in first-tier cities have seen marginal improvements, with their role as a market barometer growing more prominent. This helps boost home buying confidence nationwide, though the strength and sustainability of the subsequent market recovery remain to be seen.

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