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Beijing, Shanghai, Guangzhou, and Shenzhen second-hand housing transactions collectively explode, happily welcoming a "small spring"
First-tier city real estate markets experienced a “small spring” in the housing market this March.
Data shows that Guangzhou’s second-hand residential online signing transactions exceeded 10,000 units, a 141.38% increase month-on-month;
Shenzhen’s total transactions of second-hand and new commercial housing reached 11,851 units, up 117.1% month-on-month;
Beijing’s second-hand residential transactions totaled 19,886 units in March, a 144.63% increase month-on-month, reaching the highest peak in nearly 15 months;
Shanghai’s cumulative online signing volume of second-hand homes reached 31.3k units, the highest record in nearly five years since March 2021. (Southern Daily)