The China Institute of Fingers released a one-month observation of the new policies in the Shanghai real estate market: under the warm policy environment, the market is showing initial signs of recovery during the traditionally busy season of September and October, with continued structural differentiation.

According to the Securities Times APP, on September 26th, the Zhongzhi Research Institute issued a document stating that on August 25th, 2025, Shanghai introduced a new round of real estate market regulation policies, which have been widely known in the industry as the "8.25 New Policy". Since the implementation of Shanghai's "8.25" real estate new policy for a month, the policy effects have begun to show. The short-term transaction volume in the new housing market has significantly rebounded, and data in the outer ring areas have shown obvious impacts from the policy; the second-hand housing market has seen some repair in the anticipated game, and the transaction activity in the outer ring areas has significantly increased. These changes indicate that the policy has to some extent boosted market confidence, promoted the release of reasonable housing demand, injected a strong stimulant into the housing consumption in the "Golden September, Silver October" period, and laid a solid foundation for market recovery.