After the Spring Festival holiday, second-hand house transactions recover well

CCTV.com2025-05-01

CCTV News: After the holiday, the recovery momentum of second-hand house transactions in Shanghai is good. The reporter learned from the Shanghai Housing Management Bureau that from February 1 to 10, more than 2,700 second-hand houses were sold online in Shanghai.

Since the first working day of resuming work, second-hand house transactions in Shanghai have gradually climbed. On the first Sunday after resuming work, the total transaction volume has reached nearly 800 units. Although it has not yet returned to the pre-Spring Festival level, it still has an upward momentum. Some industry insiders analyzed that the entire Shanghai second-hand housing market was active in January 2025, with a transaction volume of 18,389 units, which played a good role in laying the foundation for the continued active market after the Spring Festival holiday.

This intermediary store located in Putuo District, Shanghai has a steady stream of new customers after the Spring Festival holiday.

After the price of second-hand houses has risen for four consecutive months, stable prices are promoting more new customers to enter the housing market. According to real estate agents, after the resumption of work, new customers have increased significantly compared with before the Spring Festival.

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