This past October, the Shanghai property market handed over a resilient “Silver Ten” report card. The second-hand housing market performance is more active than that of new housing. According to online real estate data, the number of second-hand housing listings in Shanghai reached 24,653 units in October, up 10.9% month-on-month and 33% year-on-year, setting a record high for the same period in the past six years. Among them, on Saturday, October 31, 2026, the number of online signatures reached 1,505 in a single day, making it the 4th day of the month with a turnover exceeding 1,000. At the same time, there have also been positive changes in second-hand housing inventories. Landlords' mentality has changed, and listing volume has declined. According to data from Shanghai Zhongyuan Real Estate, at the end of October, the number of second-hand housing units listed in the city was 281,500, down from 290,000 units at the end of September, and is at a low level of nearly a year. According to data from the Shanghai Chainjia Research Institute, the current average transaction cycle for properties in Shanghai is 78.1 days, which is a low of nearly three years.

This past October, the Shanghai property market handed over a resilient “Silver Ten” report card. The second-hand housing market performance is more active than that of new housing. According to online real estate data, the number of second-hand housing listings in Shanghai reached 24,653 units in October, up 10.9% month-on-month and 33% year-on-year, setting a record high for the same period in the past six years. Among them, on Saturday, October 31, 2026, the number of online signatures reached 1,505 in a single day, making it the 4th day of the month with a turnover exceeding 1,000. At the same time, there have also been positive changes in second-hand housing inventories. Landlords' mentality has changed, and listing volume has declined. According to data from Shanghai Zhongyuan Real Estate, at the end of October, the number of second-hand housing units listed in the city was 281,500, down from 290,000 units at the end of September, and is at a low level of nearly a year. According to data from the Shanghai Chainjia Research Institute, the current average transaction cycle for properties in Shanghai is 78.1 days, which is a low of nearly three years.