CCTV News: Since 2025, the real estate market in many places in China has continued to recover. During the May Day holiday just passed, under the influence of a series of policy "combination punches", the second-hand housing market in many places performed very well. Shanghai: The second-hand housing market was active during the May Day holiday

Shanghai citizen Mr. Yuan just sold his old house in March 2025 and wanted to replace a three-bedroom apartment closer to his parents as soon as possible. Early in the morning, he made an appointment with a real estate agent to go to a community in Yangpu, Shanghai to view houses.

This real estate agency store in Huangpu, Shanghai, has had a very good transaction volume since 2025, and the transaction prices have also rebounded since April. Shanghai: During the May Day holiday, the transaction volume of the second-hand housing market increased by more than 40% year-on-year

Data shows that in April 2025, the number of second-hand housing units sold in Shanghai reached 20,700, an increase of 32% year-on-year. From January to April 2025, a total of 78,500 units were sold, an increase of 45% year-on-year. During the May Day period, the transaction volume of second-hand houses in Shanghai increased by 44% year-on-year, the highest transaction level since 2021. Guangdong: The policy "combination punch" is effective. The real estate market in many places is improving on May Day

During the May Day holiday, many places in Guangdong held a house purchase festival. Shenzhen’s “May Day Good Housing Festival” event attracted more than 100,000 citizens to participate in the exhibition. According to statistics, from May 1st to 5th, 826 new commercial housing units were subscribed in Shenzhen. Among them, 317 units have been signed online, an increase of 23.89% over the same period in 2024. In terms of second-hand housing, 367 units were traded, of which 63 units were signed online, an increase of 36.96% over the same period in 2024.

In Huizhou, the "May Day House Buying Festival and Online Live House Buying Carnival" was held, and nearly 100 real estate projects in the city launched a number of limited-time exclusive discounts. At the same time, the event also joined hands with major financial institutions to launch a series of preferential policies and convenient services such as the lowest interest rate for the first mortgage as 3.0%, gift packages, etc.

At present, improvement demand has become an important direction for market development. In Chaozhou, Shantou and other places, real estate companies have taken the initiative to seek change, constantly launching more targeted new products, and building "good houses" of different areas and prices.