Shanghai\u2019s second-hand housing market picked up steam in May, with transaction activity accelerating significantly, while the city\u2019s new home market has also seen robust sales.<\/p>\n
Industry experts believe Shanghai\u2019s property sales volume and home prices will recover faster than most cities in China after the prolonged downturn of the country\u2019s property market.<\/p>\n
\u201cAmong the four tier-one cities, Shanghai has been the only city seeing a year-on-year increase in primary home prices in the first four months of 2026,\u201d said Edward Chan, a Greater China property analyst at S&P Global Ratings. \u201cThis could support prospective homebuyers\u2019 confidence in purchasing homes in Shanghai.\u201d<\/p>\n
However, S&P noted that primary home prices for the other three tier-one cities had declined by 2.3 per cent to 5.3 per cent over the same period. \u201cIn our view, this indicates likely better demand-supply dynamics in Shanghai than its peers,\u201d Chan said.<\/p>\n
In May, even with many residents away for the five-day May Day holiday, Shanghai logged 28,023 online registered second-hand home transactions, sustaining a three-month streak of robust trading, according to the Shanghai Real Estate Trading Centre.<\/p>\n
The reading marks the highest sales volume in the past six years, second only to the 30,500 transactions seen in May 2020, said the centre.<\/p>\n","protected":false},"excerpt":{"rendered":"Shanghai\u2019s second-hand housing market picked up steam in May, with transaction activity accelerating significantly, while the city\u2019s new…\n","protected":false},"author":2,"featured_media":515843,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[174],"tags":[79,381,179,18,19,17,223386,223385,20827,103985,2792,223387],"class_list":["post-515842","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-china","tag-economy","tag-eire","tag-ie","tag-ireland","tag-lujiazui-group","tag-lujiazui-taikoo-yuan-residences","tag-morningstar","tag-sp-global-ratings","tag-shanghai","tag-swire-properties"],"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ie\/116684103782194840","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/515842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=515842"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/515842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/515843"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=515842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=515842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=515842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}