Core Insights - The real estate market in Xi'an has seen a significant increase in transaction volume in March, driven by favorable policies and structural adjustments in supply and demand [1][6][9] - New housing supply reached 630,600 square meters, a 123% month-on-month increase, while transaction volume rose to 549,800 square meters, up 46% from the previous month [1][7] - The second-hand housing market also experienced a surge, with over 10,000 units registered in March, marking a 50% increase compared to February [9][12] Group 1: New Housing Market - The number of visitors to housing projects increased significantly, with one project reporting over 2,800 groups visiting and a transaction amount of 250 million yuan [2][5] - The average price of new homes in Xi'an was 17,934 yuan per square meter, reflecting a 1% month-on-month increase [7] - The main transaction segments were for homes sized between 120-160 square meters, indicating a trend towards larger, more functional living spaces [8] Group 2: Second-Hand Housing Market - The second-hand housing market saw a total of 10,470 units registered, with a 50.17% increase from February and a notable rise in demand driven by school district considerations [9][12] - The average listing price for second-hand homes was 16,081 yuan per square meter, down 1.14% month-on-month, indicating a price adjustment in response to increased supply [12] - The market is characterized by a price-for-volume strategy, with many sellers reducing prices to attract buyers [12]