Middle finger research: The proportion of transactions of products over 120 square meters in 24 cities has increased, and the improvement demand is still an important support for the new housing market.

According to the Smart Financial APP, the July residential products monthly report released by the Zhongzhi Research Institute shows that in terms of the changes in the proportion of transaction volumes, compared with the same period in 2024, from January to July 2025, in 30 representative cities, 24 cities have seen an increase in the proportion of transaction volumes for residential units of 120 square meters and above, indicating that the improvement in demand is still an important support for the new housing market. In terms of area segments, in 20 cities, the proportion of transaction volumes for products of 120-144 square meters has increased, with cities such as Shanghai, Nanjing, Changsha, and Nanchang seeing an increase of over 4 percentage points. In 20 cities, the proportion of transaction volumes for products of 144 square meters and above has also increased, with cities such as Hefei, Ningbo, Xiamen, and Wuxi showing a more significant increase.