Second-hand housing transactions in Beijing, Shanghai, Guangzhou, and Shenzhen have collectively surged, ushering in a "mini springtime" of good fortune.

In March of this year, the real estate market in first-tier cities welcomed a "mini spring" in the housing market. Data shows that the number of second-hand residential units signed in Guangzhou exceeded 10,000, a month-on-month increase of 141.38%; the total number of transactions for first and second-hand commercial housing in Shenzhen reached 11,851 units, an increase of 117.1% month-on-month; in Beijing, a total of 19,886 second-hand residential units were sold in March, an increase of 144.63% month-on-month, reaching the highest peak in nearly 15 months; in Shanghai, the cumulative number of second-hand housing signed reached 31,300 units, setting a record high in the past five years since March 2021.