B[Shanghai second-hand housing sales exceeded 1,600 in a single day online] October 13th, with the implementation of a series of home purchase support policies and the arrival of the traditional peak season for home buying, the Shanghai property market's "Golden Nine and Silver Ten" recovery trend continues to consolidate. According to "Online Real Estate" data from the official website of the Shanghai Real Estate Trading Center, on October 11 (Sunday), 1,615 units of Shanghai's second-hand housing (including commercial) were sold online in a single day, setting a new high for single-day transactions in the second half of 2026. This is also the third time this year that Shanghai’s second-hand housing online signings exceeded 1,600 units in a single day, second only to the year’s high of 1,664 units on May 10 and 1,632 units on April 11. Judging from the monthly trends, the resilience of Shanghai's second-hand housing market continues to show. Since March this year, Shanghai’s second-hand housing transaction volume has stood at more than 23,000 units for the seventh consecutive month, of which the online signing volume of second-hand housing units in March exceeded 31,000 units. At the beginning of the "Silver Ten" period, the National Day holiday serves as a critical window period for home buyers to focus on viewing and selecting properties and for real estate companies to focus on marketing. It is also an important weather vane for observing the effectiveness of the implementation of property market policies. (The Paper) B[The real estate market in key cities continues to be highly active during the "Golden Nine" period] October 10th, as policy dividends continue to be implemented and housing consumption demand continues to be released, the real estate market continues to pick up in September, with second-hand housing transactions in key cities increasing, and the "Golden Nine" performance is outstanding. Data from the China Index Research Institute shows that in September, second-hand housing activity continued to run at a high level, with 119,000 second-hand housing transactions in the 20 key cities, a year-on-year increase of 7.4%. In the first nine months of this year, 1.118 million second-hand residential units were sold in the 20 key cities, a year-on-year increase of 6.4%. Among them, the second-hand housing market transactions in cities such as Beijing and Shanghai continued to increase. In September, 16,000 and 24,000 second-hand housing units were sold in Beijing and Shanghai respectively, representing month-on-month increases of 13.7% and 3.3% respectively. It is worth noting that Shanghai’s second-hand housing transaction volume increased by 17.2% year-on-year in September, increasing year-on-year for seven consecutive months. (Securities Daily) B[The AI craze in the United States has caused the rental crisis in San Francisco] October 9th, according to reports, San Francisco is the headquarters of leading companies such as OpenAI, and about two-thirds of local residents rent houses. Currently, the average monthly rent for a one-bedroom apartment in the city is as high as $4,400, up more than 25% from last year and almost three times the national average. Although the city of San Francisco has implemented rent controls, landlords hoping to make a fortune from the AI boom are using various loopholes to try to evict old tenants, raise rents or sell off properties. Statistics show that compared with last year, the number of eviction orders issued by landlords in the city has soared by 44% this year. At this stage, the average rent for a two-bedroom apartment is US$6,000, and the rent for a four-bedroom apartment in the city center has exceeded US$10,000. (Xinhua News Agency) B[The number of first- and second-hand housing transactions in Shanghai during the National Day holiday increased by 79% year-on-year, and the transaction value was approximately 6.18 billion yuan] On October 9, according to the Shanghai Housing Authority, from the perspective of operation conditions, during this year’s National Day holiday, the sales offices of 251 projects for sale in Shanghai received a total of 16,932 visitors, and signed 601 reservation agreements. 1. A total of 1,518 second-hand housing units were sold, a year-on-year increase of 79%; the transaction value was approximately 6.18 billion yuan. From October 1st to 7th, a total of 327 first-hand housing units were transacted in the city, a year-on-year increase of 146%, and an increase of 34% over the average transaction level during the National Day holiday from 2023 to 2025; the transaction value was approximately 2.59 billion yuan. There were 1,191 second-hand housing transactions in the city, a year-on-year increase of 66%, and a decrease of 1% from the average transaction level during the National Day holiday from 2023 to 2025; the transaction value was approximately 3.59 billion yuan. (China Business News) B[China Index Research Institute: The average sales price of new residential properties in 100 cities increased by 2.12% year-on-year in September] On October 8, according to the China Index Research Institute, according to the China Real Estate Index System 100 Cities Price Index survey data on the new and second-hand residential sales markets in 100 cities across the country and the rental market in 50 cities, in September 2026, the average price of new residential properties in 100 cities across the country was 17,285 yuan/square meter, a month-on-month increase of 0.17%. Judging from the number of cities with increases and decreases, 25 cities increased month-on-month, 66 cities fell month-on-month, and 9 cities remained unchanged month-on-month. On a year-on-year basis, the average price of new residential buildings in 100 cities across the country increased by 2.12% year-on-year. The average price of second-hand housing was 12,452 yuan/square meter, down 0.60% from the previous month, and the decline expanded by 0.15 percentage points from the previous month. Looking at the number of rising and falling cities, 3 cities rose month-on-month and 97 cities fell month-on-month. Shanghai turned from falling to rising month-on-month, rising 0.11% this month. From a year-on-year perspective, the average price of second-hand housing in 100 cities across the country fell by 6.94% year-on-year. The average residential rent in 50 cities across the country was 33.97 yuan/square meter/month, down 0.17% month-on-month; in terms of the number of rising and falling cities, 9 cities increased month-on-month, 39 cities fell month-on-month, and 2 cities remained unchanged month-on-month. Year-on-year, the average residential rent in 50 cities across the country fell by 2.23%. B[Activity increased during the “Golden September and Silver Ten” period, and transactions in Beijing, Shanghai, Guangzhou and Shenzhen are picking up] On September 28th, during the Mid-Autumn Festival holiday, reporters conducted on-site visits to the property markets in first-tier cities. During the “Golden September and Silver Ten” period, the activity of the property markets in Beijing, Shanghai, Guangzhou and Shenzhen increased to varying degrees compared to usual times. Many developers have launched strong preferential activities, such as "fixed price", "free property fee", "free parking space" and other discounts. Judging from the current reservation situation, the number of store visits increased significantly during the Double Festival. Some new projects with scarcity attributes have increased in popularity, but this popularity is not evenly distributed. Favorable policies have been issued frequently, and the property market in first-tier cities has maintained a stable and positive trend. However, the overall recovery of the market needs further verification. (China Securities Journal) B[13,700 second-hand housing units were signed online in Beijing in August, a year-on-year increase of 4.1%] On September 8, the Beijing real estate optimization and adjustment policy implemented since August 8 has reached a "full moon", and the market has also given back positive signals. The reporter visited multiple real estate agencies and new home sales offices and found that in the past month, the number of second-hand home sales has increased significantly, and the willingness to purchase new homes has been further released. The promotion of policies has made the Beijing property market "not weak in the off-season." According to data from the Beijing Municipal Housing and Urban-Rural Development Commission, 3,100 new commercial housing units were signed online in Beijing in August, a year-on-year increase of 10.3%, and 13,700 second-hand residential units were signed online, a year-on-year increase of 4.1%. (Beijing Daily) B[A number of incremental financial policies have been implemented to help expand domestic demand and stabilize the economy] September 7th, subsidized loans have been increased and expanded, new policy financial instruments have been "opened", and the real estate credit system has been fully optimized... Recently, a number of incremental financial policies focusing on expanding consumption, promoting investment, and stabilizing the property market have made substantial progress. Industry experts said that these policies are forming a "combination punch" to stabilize macroeconomic operations, which is expected to underpin key areas such as consumption, investment, and real estate, and continue to consolidate the foundation of domestic demand. Various new policies will gradually be implemented and take effect. (Shanghai Securities News) B[The transaction volume of new and second-hand houses in Beijing increased year-on-year in August] On September 4th, a package of new policies to optimize the Beijing property market was officially implemented on August 8th, including relaxing purchase restrictions on home purchases, significantly increasing the provident fund loan limit, and optimizing the rules for property donation. Now that the new policy has been implemented for nearly a month, reporters visited the front line and learned that the passenger flow of new home sales offices has increased, the number of second-hand home viewings and transactions have increased simultaneously, and the groups in urgent need and improvement have been continuously activated. According to data released by the Beijing Municipal Housing and Urban-Rural Development Commission, 3,100 new houses were signed online in Beijing in August, a year-on-year increase of 10.3%; 13,700 second-hand houses were signed online, a year-on-year increase of 4.1%. The transaction volume of second-hand houses exceeded 13,000 for six consecutive months. (CCTV Finance) B[The New Deal is Gradually Implemented, There are Positive Signs in the Real Estate Market in Beijing, Shanghai, and Shenzhen] September 3rd, reporters recently conducted field visits in Beijing, Shanghai, and Shenzhen and found that, driven by a number of policies, the local real estate market has heated up significantly in the short term. Data reflects the temperature of the property market. From the front-end viewing volume and consultation volume to the back-end transaction volume, all types of data send out warming signals. Experts believe that with the gradual implementation of the New Deal and the start of the "Golden Nine" market in the Beijing, Shanghai and Shenzhen property markets, the demand for rigid and improved housing is expected to be further released. (China Securities Journal) 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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