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Since March, Shanghai has completed 22,400 second-hand home transactions, an 11% increase year-over-year.
The Shanghai Lianjia Research Institute disclosed today that from March 1 to March 23, 2026, a total of 22,400 second-hand homes were sold in Shanghai, representing an 11% increase compared to the same period in 2025. The data shows that the average daily viewing volume in Shanghai has increased by 30% compared to before the new real estate policy, the average daily number of new clients has risen by 51% compared to before the policy, and the average daily number of new listings has increased by 85% compared to pre-policy levels. Client confidence in entering the market has significantly improved compared to before the new policy, with both viewings and transactions being very active. (Financial Associated Press)