Exploring the Shanghai real estate market's "March is golden, April is silver" phenomenon: The second-hand housing replacement chain is gradually leading to an increase in demand for new homes through the "selling old and buying new" trend.

date
21/04/2026
In March of this year, the number of second-hand housing transactions in Shanghai exceeded 30,000, reaching a new high in nearly 5 years, and the real estate market's "mini spring" is solidly taking root. Recently, after visiting several real estate agencies, property transaction service centers, and new home sales offices in Shanghai, speaking with frontline real estate practitioners and home buyers, it can be seen from market feedback that the current "mini spring" market continues, and at the same time, the transaction structure of the second-hand housing market is beginning to change, with the replacement chain gradually moving upwards, thereby accelerating the pace of home purchases in the new housing market.