Shanghai's second-hand housing monthly online signing volume exceeds 30k units, and market enthusiasm continues to rise.

2026-04-10 09:01:06

As of March 30th, the cumulative online signing volume of second-hand homes in Shanghai this month has surpassed 30k units, reaching a new high not seen since March 2021, nearly five years ago, with market enthusiasm continuing to rise. Real estate agents from second-hand housing agencies in districts such as Putuo and Pudong in Shanghai reported that the market transaction pace has significantly accelerated, with some agents openly saying that clients are proactively scheduling too many viewings to keep up. In terms of transaction structure, besides the ongoing reduction of demand for first-time homebuyers, some improved property listings are experiencing a surge in viewings and inquiries, with a store reporting a 130% increase in consultation volume in March. The customer’s decision-making cycle for purchasing homes has also been greatly shortened. (First Financial)

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