Under the multiple effects of the “Shanghai Eight Rules” policy and the successive implementation of commercial housing sales reform rules, the Shanghai property market continued the “Golden Nine” recovery trend until the National Day holiday. According to data from the China Index Research Institute, in September, 1.179,000 square meters of newly built commercial residential buildings were sold in Shanghai, an increase of 22.1% over the previous year. The second-hand housing market remained active at the same time. A total of 23,581 second-hand housing units were signed online in the same month, up 15.7% year on year, setting a record high for the same period in the past six years. Since March of this year, second-hand housing sales in Shanghai have stabilized at over 23,000 units for the 7th month in a row, and the market's recovery is intuitively visible. This popularity continued during the National Day holiday. According to statistics from Shanghai Central Plains Real Estate, during the National Day holiday this year, the transaction area of newly built commercial housing in Shanghai reached 34,600 square meters, a double increase compared to 17,300 square meters of sales during last year's holiday.

Zhitongcaijing · 2d ago
Under the multiple effects of the “Shanghai Eight Rules” policy and the successive implementation of commercial housing sales reform rules, the Shanghai property market continued the “Golden Nine” recovery trend until the National Day holiday. According to data from the China Index Research Institute, in September, 1.179,000 square meters of newly built commercial residential buildings were sold in Shanghai, an increase of 22.1% over the previous year. The second-hand housing market remained active at the same time. A total of 23,581 second-hand housing units were signed online in the same month, up 15.7% year on year, setting a record high for the same period in the past six years. Since March of this year, second-hand housing sales in Shanghai have stabilized at over 23,000 units for the 7th month in a row, and the market's recovery is intuitively visible. This popularity continued during the National Day holiday. According to statistics from Shanghai Central Plains Real Estate, during the National Day holiday this year, the transaction area of newly built commercial housing in Shanghai reached 34,600 square meters, a double increase compared to 17,300 square meters of sales during last year's holiday.