In March, more than 30,000 second-hand houses in Shanghai were signed online, setting a record high in nearly five years.

The latest data from the Shanghai Property Exchange Center's online platform, "Online Real Estate," shows that in March, the cumulative number of second-hand housing transactions in Shanghai reached 31,215 units, setting a new high record in nearly 5 years since March 2021. Not only in terms of transaction volume, but also in terms of prices, the Shanghai second-hand housing market is showing positive signs of stabilization and recovery. According to data from Lianjia in Shanghai, the price index of second-hand housing in March increased by 1% compared to the previous month, and the number of property viewings, which serves as a leading indicator, also increased by 28% from January.