B[Beijing's second-hand housing sales exceeded 120,000 units in the first eight months, a year-on-year increase of nearly 6%] September 1st, according to data from the Beijing Municipal Housing and Urban-Rural Development Commission and market agency statistics, the total number of second-hand housing online signings in Beijing in August was 13,853 units, a slight decrease of 184 units compared with 14,037 units in July. Moreover, in the first eight months of this year, the transaction volume of second-hand houses in Beijing exceeded 120,000 units, a year-on-year increase of approximately 6%. From a national perspective, the transaction volume of second-hand housing in key cities fell back from the previous month during the same period, but continued to grow year-on-year. The average price of second-hand housing in 100 cities was 12,527 yuan/square meter, down 0.45% from the previous month, and the decline expanded by 0.01 percentage point from the previous month. B[Market feedback has been positive since the implementation of the "Shanghai Eight Measures". On August 1, the transaction area of second-hand housing increased by 15% year-on-year] September 1st, on August 20, 2026, Shanghai introduced the "Shanghai Eight Measures" new property market policy, focusing on smoothing the first and second-hand housing replacement chain, and implementing comprehensive policies to better meet the diverse housing needs of residents. On September 1, reporters learned from the Shanghai Housing Authority that since the implementation of the "Shanghai Eight Measures", market feedback has been positive, transaction activity has increased significantly, and policy effects have gradually emerged, helping the market to accelerate out of the off-season. Statistics show that in August, the total transaction area of first- and second-hand housing in Shanghai was 2.21 million square meters (24,300 units), an increase of 2% month-on-month and 15% year-on-year. The Shanghai Municipal Housing Authority stated that based on the recent market operation, on the basis of the smooth release of policy effects such as the "Shanghai Six" and the new "Shanghai Seven", the introduction of the "Shanghai Eight" can better meet the diverse housing needs of residents and help consolidate the market's stabilization and improvement. This year's "Golden Nine and Silver Ten" market conditions are expected to improve. (The Paper) B[China Index Research Institute: New home prices in 100 cities increased by 0.15% month-on-month in August] September 1st, the latest data from the China Index Research Institute showed that the property market entered the traditional off-season in August, and some key cities such as Shanghai, Hangzhou, Chengdu, and Tianjin still had high-quality properties entering the market, driving the price of new homes in 100 cities to continue to structurally rise month-on-month. The average price of new homes in 100 cities was 17,255 yuan/square meter, an increase of 0.15% month-on-month and a year-on-year increase of 2.04%. The price of newly built residential properties in first-tier cities increased by 0.39% month-on-month and 5.30% year-on-year. Among them, Shanghai, Beijing, and Guangzhou increased by 0.53%, 0.25%, and 0.13% month-on-month respectively. The increase in new home prices was still mainly driven by new high-priced properties entering the market. Second-tier cities rose 0.09% month-on-month and 1.74% year-on-year. The third and fourth tier cities represented a month-on-month decrease of 0.12% and a year-on-year decrease of 2.29%.
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