TREE NEWS reports: Shanghai’s second-hand housing market recorded 10,407 online-signed transactions from Sept 1 to Sept 13, up 27% year on year, as the policy boost from the “Shanghai Eight Measures” continued. Weekend signings totaled 2,481 units, with 1,319 on Saturday, Sept 12, the highest in 77 days since June 27. New project discounts are being withdrawn.
Shanghai second-hand home transactions top 10,000 units in 13 days of September
AI take
The year-on-year jump and the strongest single-day signing in 77 days suggest the "Shanghai Eight Measures" are still pulling forward demand rather than merely stabilizing it. Developers withdrawing new-project discounts is the more telling signal: it implies builders now see less need to compete on price against resale stock. Whether that pricing confidence holds once the policy impulse fades is the open question for the wider mainland property read.
Generated by AI for reference only.
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