Middle Finger Research Institute: The second-hand housing market maintained a high level of activity in May, with continued strong momentum compared to the same period in previous years.

According to the Wise Investment and Financial APP, on June 23, the China Index Research Institute released the ranking of second-hand residential transactions in key cities across the country in May 2026. According to data monitored by the China Index Research Institute: In May 2026, the second-hand housing market maintained a high level of activity, with sustained heat stronger than the same period in previous years. The average price of second-hand residential properties in the top 100 cities was 12,692 yuan per square meter, a decrease of 0.32% compared to the previous month, narrowing the decline by 0.14 percentage points from the previous month. It fell by 7.99% year-on-year, narrowing by 0.35 percentage points from the previous month. In core cities, the price of second-hand houses in Shanghai has been rising for 3 consecutive months.