At the same time as the “price for volume” trend of demand is active, rumors of Shanghai landlords “collectively withdrawing the deal” have also attracted attention. According to the Internet, the landlord withdrawal rate soared to 15.3% in November, and there was a clear differentiation between the core area and the demand market. In response to this statement, industry organizations such as Chainjia and Pacific Housing all told reporters that the phenomenon of landlords withdrawing their listings objectively exists, but the 15.3% data is “questionable and very unreasonable.” Shanghai Chainjia further explained that with the increase in transaction volume, the rate of removal of second-hand housing listings in Shanghai in November was faster than the rate of new listings, so the number of listings dropped slightly. In addition, according to 58 Anjuke online data, the number of second-hand housing listings in Shanghai fell 2.6% month-on-month in November, and most of the properties withdrawn were concentrated in high-quality properties and high-end upgraded properties in the core area. Zhang Bo, director of the 58 Anjuke Research Institute, said that more landlords began to “not want to sell at low prices,” and the phenomenon of “selling and subleasing” increased markedly after the license was withdrawn.

At the same time as the “price for volume” trend of demand is active, rumors of Shanghai landlords “collectively withdrawing the deal” have also attracted attention. According to the Internet, the landlord withdrawal rate soared to 15.3% in November, and there was a clear differentiation between the core area and the demand market. In response to this statement, industry organizations such as Chainjia and Pacific Housing all told reporters that the phenomenon of landlords withdrawing their listings objectively exists, but the 15.3% data is “questionable and very unreasonable.” Shanghai Chainjia further explained that with the increase in transaction volume, the rate of removal of second-hand housing listings in Shanghai in November was faster than the rate of new listings, so the number of listings dropped slightly. In addition, according to 58 Anjuke online data, the number of second-hand housing listings in Shanghai fell 2.6% month-on-month in November, and most of the properties withdrawn were concentrated in high-quality properties and high-end upgraded properties in the core area. Zhang Bo, director of the 58 Anjuke Research Institute, said that more landlords began to “not want to sell at low prices,” and the phenomenon of “selling and subleasing” increased markedly after the license was withdrawn.