The signal of Shanghai's property market warming up is evident, with a surge in transactions in the second-hand housing market.

Since March, the transaction heat of the second-hand housing market in Shanghai has been rapidly rising, with multiple indicators hitting a new high. Online real estate data shows that from March 9th to March 15th, 2026, a total of 7,233 second-hand houses were sold in Shanghai, an increase of 26.69% compared to the previous week's 5,709 units, also setting a new high for weekly transaction volume since 2021. Various signs indicate that, under the precise support of the "Seven Measures" new policy, the Shanghai property market is showing a trend of "increased volume and stable prices", and the market trend of "March small spring" in March is becoming clearer.