[In need of continued support, Shanghai’s second-hand housing transaction volume hit a six-year high in October] November 4th, in the past October, the Shanghai property market delivered a resilient “Silver Ten” report card. The market performance of second-hand houses is more active than that of new houses. According to online real estate data, the number of online signings for second-hand houses (including commercial and parking spaces) in Shanghai reached 24,653 units in October (including about 22,000 second-hand pure residential units), a month-on-month increase of 10.9% and a year-on-year increase of 33%, setting a new high for the same period in the past six years. Among them, on Saturday, October 31, 2026, online signings reached 1,505 units in a single day, becoming the fourth day in the month with a transaction volume exceeding 1,000. At the same time, there are also positive changes in second-hand housing inventory. The mentality of landlords has adjusted, and the number of listings has dropped. Data from Shanghai Centaline Real Estate shows that at the end of October, the number of second-hand housing listings in the city was 281,500 units, down from 290,000 units at the end of September and at a low level in the past year. Data from the Shanghai Lianjia Research Institute shows that the current average transaction cycle for Shanghai housing listings is 78.1 days, a low in the past three years. (21st Century Business Herald)