In March, Shanghai's cumulative online signed second-hand housing transactions exceeded 30k units, reaching the highest level in nearly five years.

MetaMuskRat · 2026-04-07T11:20:27+00:00

People's Finance News, April 7 — The Shanghai Real Estate Transaction Center online platform, "Online Real Estate," latest data shows that in March, Shanghai's second-hand housing transactions (including commercial properties) totaled 31,215 units, setting a new record for nearly five years since March 2021. Not only has transaction volume increased, but on the price side, the Shanghai second-hand housing market also shows positive signals of stabilization and recovery. According to Shanghai Lianjia, the second-hand housing price index rose by 1% month-on-month in March, and as a leading indicator, the number of property viewings also increased by 28% compared to January. (China Real Estate News)

MetaMuskRat

2026-04-07 11:20:27

People’s Finance News, April 7—Shanghai Real Estate Transaction Center’s online platform, “Online Real Estate,” shows the latest data: in March, Shanghai’s existing home transactions (including commercial properties) totaled 31,215 units by online contract signings, setting a record high in nearly five years since March 2021 in one move. Not only in terms of transaction volume, but on the price side as well, Shanghai’s existing home market has also shown encouraging signals of stabilizing and rebounding. Data from Lianjia Shanghai shows that the existing home price index in March rose 1% month over month, while viewings—an early indicator—also increased by 28% compared with January. (China Real Estate News)

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