{"id":371099,"date":"2026-03-29T08:54:07","date_gmt":"2026-03-29T08:54:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/371099\/"},"modified":"2026-03-29T08:54:07","modified_gmt":"2026-03-29T08:54:07","slug":"rising-second-hand-home-sales-offer-tentative-signs-of-a-floor-in-chinas-property-slump","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/371099\/","title":{"rendered":"Rising second-hand home sales offer tentative signs of a floor in China\u2019s property slump"},"content":{"rendered":"

Transactions of pre-owned homes<\/a> in major Chinese cities led by Shanghai surged in March, fuelling expectations that the country\u2019s embattled property sector may be stabilising.<\/p>\n

Analysts and brokers said a more active resale market pointed to a gradual return of confidence among homebuyers after a three-year downturn.<\/p>\n

In Shanghai, about 22,000 second-hand homes changed hands between March 1 and 23, up 170 per cent from the same period a month earlier, according to data from local financial outlet Cailian. Full-month transactions are expected to exceed the key 30,000-unit mark, which would represent a three-year high.<\/p>\n

Momentum has been broad-based. Huatai Securities said transactions of pre-owned homes across 26 cities it tracks rose 22 per cent year on year after the Chinese New Year holiday in mid-February.<\/p>\n

In China\u2019s four top-tier cities \u2013 Shanghai, Beijing, Guangzhou and Shenzhen \u2013 volumes increased by about 20 per cent over the same period.<\/p>\n

In Nanjing, capital of Jiangsu province, official data showed 5,789 second-hand homes were sold in the first three weeks of March, up 54 per cent from a year earlier.<\/p>\n","protected":false},"excerpt":{"rendered":"Transactions of pre-owned homes in major Chinese cities led by Shanghai surged in March, fuelling expectations that the…\n","protected":false},"author":2,"featured_media":371100,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,24646,113,166523,61,60,166521,166524,166522,33315,116578],"class_list":["post-371099","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-consumers","tag-economy","tag-home-purchase-restrictions","tag-ie","tag-ireland","tag-lived-in-home-transactions","tag-pent-up-housing-demand","tag-property-policies","tag-property-slump","tag-stimulus-policies"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/371099","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=371099"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/371099\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/371100"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=371099"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=371099"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=371099"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}