In Shanghai's second-hand housing market, there is currently a "hot-tail market" trend.

The second-hand housing market in Shanghai is now experiencing a "tail-wagging trend". The "Six Policies of Shanghai" implemented on August 25th have been in effect for over three months, with the combination of loosening restrictions on purchases outside of the outer ring road and optimizing credit continuously releasing momentum, pushing the market to be stable and improving. Data shows that in November, the number of second-hand housing transactions reached a new high in nearly 7 months, ranking as the third highest transaction month of the year. The market is showing a "mild recovery under structural differentiation" trend, with an increase in the proportion of transactions for properties with low total prices and high cost-effectiveness, a rebound in transactions for old and dilapidated small homes, and a decrease in the number of second-hand housing listings at high levels, which are becoming the highlights of the market after this new wave of policies.