Shanghai Zhongyuan Real Estate: In May, the sales area of new commercial residential properties in Shanghai increased by 23.7% year-on-year.

In May, the Shanghai property market saw an increase in transactions. Data released by Shanghai CRIC on June 3rd showed that the transaction volume of new commercial residential properties in Shanghai was 618,000 square meters in May, an increase of 16.5% compared to the previous month and 23.7% compared to the same period last year.