Real investigation of the first week of the "Six Measures of Shanghai": the volume of second-hand housing transactions has significantly increased.

date
03/09/2025
On August 25, the Shanghai Municipal Commission of Housing and Urban-Rural Development and five other departments issued a notice on optimizing and adjusting the city's real estate policy measures, which clearly stated six measures including reducing housing purchase restrictions, optimizing housing provident fund, optimizing personal housing credit, and improving personal housing property tax. During the first week after the implementation of the "Six Policies of Shanghai," a Securities Times reporter found that the enthusiasm and intention of homebuyers in the Shanghai property market had significantly increased. The consultation and signing volume of some new housing projects had also increased, with some high-quality properties releasing signals of imminent sell-out. According to the second-hand housing transaction data, the effects of the "Six Policies of Shanghai" were immediately apparent starting from August 26. The Shanghai Housing Management Bureau data showed that on August 30, there were 1103 second-hand housing transactions in a single day, reaching a new high in nearly three months; the number of second-hand housing transactions in August exceeded 19,900 units, an increase of approximately 12% year-on-year, and a increase of 3.44% month-on-month. Industry experts believe that with the arrival of the traditional peak season of "September and October," the market activity is expected to further boost, bringing a market situation of "increased volume, stable prices."