Shanghai's second-hand housing market remains relatively active, with over 20,000 units sold in April.

According to research from the China Index Academy, in April, the second-hand housing market in Shanghai maintained a high level of activity, with daily online signings breaking the one thousand mark on multiple weekends. The total number of second-hand residential transactions in the month was 20,385, a 22.5% decrease from the previous month but a 29.6% increase from the same period last year. From January to April, compared to the same period last year, there was a cumulative increase of 42.2%. In terms of prices, in April, second-hand residential prices in Shanghai fell by 0.32% compared to the previous month, and dropped by 5.63% compared to the same period last year. This marks the seventh consecutive month of narrowing year-on-year price declines.