Shanghai's new policy one week later: Market activity increases, with the daily transaction volume of Shanghai's second-hand housing exceeding one thousand sets again.

At the end of August, Shanghai announced its first set of optimized real estate policies of the year, known as the "Shanghai Six Measures". Just one week after the favorable policies were implemented, their effects have begun to show. Reporters learned from several developers that many potential buyers who were previously restricted by qualification requirements have now obtained "housing tickets" after the new policies were introduced, becoming an important source of new customers. Additionally, the ability to "both withdraw and borrow" from housing provident funds has significantly increased customers' purchasing power, leading to a simultaneous increase in transaction volumes for many projects, with some even achieving sell-outs on the first day of opening. At the same time, the second-hand housing market has achieved a remarkable daily sales record of over a thousand units after a 2-month hiatus. Industry insiders believe that as the market reacts and adjusts to the policies, future transaction performance will steadily rise, consolidating Shanghai's stable market situation and potentially leading the way for a revival in the real estate market in hot cities. With the introduction of new rounds of real estate support policies in major cities, the traditional peak season for housing sales in September and October could be promising.