Group 1: Shanghai Real Estate Market Overview - In November 2025, Shanghai's new home prices increased by 5.1% year-on-year, with an average increase of 5.7% from January to November, leading the national market [2] - The total number of second-hand homes signed in November reached 22,943, marking the highest transaction volume since May [2] - The real estate market is transitioning to a stage dominated by existing stock, with second-hand homes becoming the main driver of transactions [2][8] Group 2: New Housing Market Regulations - The "Good House" regulations introduced by the Shanghai Planning and Natural Resources Bureau aim to enhance residential quality, including provisions for public facilities and improved building materials [3] - The maximum balcony area is set at 10% of the unit's built area, with specific allowances for open balconies that do not count towards the floor area ratio [4] Group 3: Key Projects and Market Dynamics - The launch of the "Lianqi Binjiang" project by China Resources Land saw all 122 units sold out, indicating strong market demand [5] - The "Anlan Shanghai" project, known for its high price point, will offer 211 units with an average price of 17.88 million yuan per square meter, which is below market expectations [6] - December is expected to see a rebound in new housing supply as developers typically ramp up year-end sales efforts [7] Group 4: Second-Hand Housing Market Recovery - The second-hand housing market in Shanghai is showing signs of recovery, with November transactions up approximately 24% from the previous month [8] - The demand for lower-priced homes, particularly those under 3 million yuan, has surged, accounting for 60% of transactions [9] - Factors contributing to the recovery include the traditional peak season for school district homes, perceived price stability, and a decrease in urgent sales [9][10]
新房市场再现“日光盘” 价格涨幅领跑全国 上海楼市年终“翘尾”
Zhong Guo Jing Ying Bao·2025-12-19 20:01