Shanghai property market transactions are active in the first month of the new policy.

On February 25th this year, five departments in Shanghai jointly issued new policies to optimize the real estate market, known as the "Shanghai Seven Measures", which include relaxing the home purchase threshold, optimizing housing provident fund loans, and improving property tax policies, releasing benefits from multiple dimensions. Now, one month after the implementation of the new policies, the real estate market in Shanghai is active. At a new home sales center in Baoshan District of Shanghai, the sales manager said that the number of visitors in March this year increased by about 30% compared to the same period last year, and the 79 units that were recently put up for sale were all sold out on the opening day. In the second-hand housing market, several real estate agents have noted a significant increase in transactions recently, with clients making more reasonable offers and showing a stronger willingness to purchase.