Shanghai's weekly second-hand home transactions hit the highest level since 2021, reaching a market peak.

LightningPacketLoss · 2026-04-02T04:22:38+00:00

Data from March 22 shows that the Shanghai second-hand housing market is active. From March 9 to 15, 7,233 units were sold, a 27% increase week-on-week, marking the highest weekly transaction volume since 2021. In March, total transactions reached approximately 16,700 units, a 15% year-on-year increase. The most active areas are concentrated in the core urban districts and the surrounding Lingang New City.

LightningPacketLoss

2026-04-02 04:22:38

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On March 22, data from Shanghai’s online real estate platform showed that from March 9 to March 15, 7,233 secondhand homes were sold, up 27% month-over-month, setting the highest weekly sales record since 2021. The activity level in the secondhand market has reached the level seen at market peaks. As of March 18, Shanghai’s cumulative secondhand home transactions for March totaled about 16.7 thousand units, with daily sales of more than 920. Data from the Lianjia Research Institute indicates that this year Shanghai’s secondhand home transaction volume is up 15% year-over-year, and that areas with relatively high transaction activity are concentrated in core districts such as Huangpu, Changning, and Xuhui, as well as in areas within the radiation range of Lingang New City in the far suburbs, including Zhuaqiao, Wanxiang, and Xinchang.

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