In the first half of 2026, transactions in the second-hand housing market remained hot, and the volume of new housing transactions rebounded steadily. As the number of second-hand housing listings continues to decline, market supply and demand relationships and real estate market expectations have improved, and the trend of “shrinking and improving quality” in the land market is becoming more and more clear. According to data from the National Bureau of Statistics, the resilience of the second-hand housing market in first-tier cities continues to be highlighted. In March of this year, second-hand housing sales prices in first-tier cities changed from decline to increase, rising 0.4% month-on-month in April, 0.4% month-on-month in May, and continued to maintain an upward trend in June. The month-on-month increase was 0.3%. Beijing, Shanghai, Guangzhou, and Shenzhen rose for 4 consecutive months.

In the first half of 2026, transactions in the second-hand housing market remained hot, and the volume of new housing transactions rebounded steadily. As the number of second-hand housing listings continues to decline, market supply and demand relationships and real estate market expectations have improved, and the trend of “shrinking and improving quality” in the land market is becoming more and more clear. According to data from the National Bureau of Statistics, the resilience of the second-hand housing market in first-tier cities continues to be highlighted. In March of this year, second-hand housing sales prices in first-tier cities changed from decline to increase, rising 0.4% month-on-month in April, 0.4% month-on-month in May, and continued to maintain an upward trend in June. The month-on-month increase was 0.3%. Beijing, Shanghai, Guangzhou, and Shenzhen rose for 4 consecutive months.