# Secondary Housing Market
Latest news and articles about Secondary Housing Market
Total: 3 articles found
China’s Property Gloom Lifts as Secondary Homeowners Stop Rushing for the Exits
Data from 25 major Chinese cities shows a 41% year-on-year drop in new secondary home listings, signaling an end to the 'panic selling' phase of the property crisis. Rising transaction volumes and policy support in Tier-1 cities are stabilizing seller expectations and paving the way for a potential floor in housing prices.
Shanghai's Property Pulse: A Fragile Recovery Emerges as Buyers Return to the Secondary Market
Shanghai's secondary housing market hit a six-year high for May, surpassing 28,000 transactions and signaling a shift toward price stability. This recovery, driven by seasonal school-related demand and policy support, is helping to unclog the 'upgrader' chain for new luxury developments.
China’s Housing Paradox: Why Recovering Sales are Masking a Credit Contraction
Despite a recovery in home sales across major Chinese cities in April, household credit saw a record contraction of nearly 800 billion yuan. This divergence highlights a shift toward household deleveraging and a preference for cash transactions over traditional mortgages.