According to the Shanghai Municipal Development and Reform Commission on February 13, 2025, the total transaction area of new housing in Shanghai in January was 0.499 million square meters, a 16% year-on-year increase; the transaction area of second-hand housing was 1.403 million square meters, also a 16% year-on-year increase, with transactions of 0.016 million units that month, maintaining over 0.015 million units for four consecutive months.

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上海1月份全市一手住房成交同比增长16%,二手房成交连续4个月保持1.5万套以上
In January, the sales of new housing in Shanghai increased by 16% year-on-year, with second-hand housing sales remaining above 0.015 million units for four consecutive months.
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