上海二手房交易中心乌泱泱挤满人，感受楼市“小阳春”

Core Insights - The real estate market in Shanghai is showing signs of recovery, with a notable increase in transactions and a shift in buyer sentiment as the traditional off-peak season is experiencing unexpected activity [4][5][19]. Market Performance - In January 2026, Shanghai's second-hand residential transactions reached 20,300 units, reflecting a year-on-year increase of 26.69%, despite a slight month-on-month decline of 0.38% [4][15]. - The average daily transaction volume during weekdays remained above 500 units, with weekends seeing daily averages exceeding 1,000 units [19]. Buyer Behavior - There is a growing trend of buyers accelerating their purchasing decisions, with many first-time buyers entering the market despite previous price declines [5][17]. - A significant portion of transactions involves properties priced under 3 million yuan, which accounted for 68.92% of sales in January, indicating a stable demand for affordable housing [24]. Seller Sentiment - The number of new listings has decreased, with some weeks seeing only around 3,000 new listings, and properties are being absorbed quickly [20]. - Sellers are becoming less willing to lower prices, leading to a situation where negotiations are more challenging, particularly for high-value properties [21][22]. Future Outlook - Analysts predict that the market will remain active in March and April, with expectations of a "small spring" in the housing market as more buyers are anticipated to enter [25]. - If the market maintains its momentum through May and June, it could provide a significant boost to overall market confidence [25].