Shanghai's real estate market is booming during the "May Day" holiday, with "good houses" boosting the release of housing consumption demand.

During the May Day holiday, reporters visited the Shanghai new housing market and found that the demands of today's home buyers have shifted from the past concept of "having a place to live" to the current concept of "having a livable home". Nowadays, buyers have more requirements for residential quality, smart home technology, green living, architectural design, and complete supporting facilities. Some developers believe that as people's housing needs continue to evolve and upgrade, from meeting basic housing needs to emphasizing the balance and functionality of living spaces, and then to focusing more on the integration of living spaces with nature and the external environment, people's demand for housing has shifted from simple living needs to high-quality and diversified needs. Industry insiders believe that "good houses" are in line with the trend of upgrading housing consumption in China and have vast market potential. "Good houses and good neighborhoods create a low-carbon, healthy, and environmentally friendly lifestyle for homeowners," said the relevant person in charge of China Jinmao, adding that such products have already been well-received by buyers in Shanghai, Beijing, Nanjing, and other cities.