Core Viewpoint - The Shanghai real estate market has shown a positive recovery trend in the first half of 2025, driven by the implementation of various policies and an increase in housing demand [1][4]. Market Performance - In the first six months of 2025, Shanghai's total housing transactions reached 13.11 million square meters, marking a 17% increase year-on-year, the highest for the same period since 2022 [1]. - The new housing market remained stable, with a total transaction of 3.26 million square meters, showing a year-on-year stability [1]. - The average daily transaction volume for available projects increased by 38% compared to the same period in 2024, reaching approximately 10,000 square meters [1]. Luxury and Second-hand Housing Market - The luxury housing market saw significant activity, with 1,096 new housing transactions priced at 30 million yuan and above, totaling 55.3 billion yuan, a 184% increase from 19.4 billion yuan in the first half of 2023 [2]. - The second-hand housing market also thrived, with a total transaction of 9.85 million square meters (116,000 units), a 24% year-on-year increase, the highest since 2022 [3]. - The second-hand housing price index has risen by 1.3% since the implementation of the "沪七条" policy [3]. Market Dynamics - The demand for high-quality and well-located properties has been strong, with over 65% of new projects in the outer ring area achieving a subscription rate exceeding 1 [2]. - The market has shown a clear differentiation in subscription rates, with high-demand projects characterized by favorable locations and strong product appeal [2]. - The overall market sentiment indicates a robust recovery, with policies effectively stimulating housing demand and supply adjustments [4].
上半年上海房地产市场延续回稳态势 新房认购积极性较好
Zheng Quan Shi Bao Wang·2025-07-09 06:50