Floor area of second-hand residential properties traded in Shanghai 1994-2022
In 2022, the total floor area of existing homes traded in Shanghai decreased to approximately 12.7 million square meters. The second-hand residential housing market was generally strong in Shanghai in the past decades, as the city enjoyed substantial economic development and population growth. However, as there are more restrictions on the exchange of second-hand housing in Shanghai, and policies were consistently reviewed and changed, the annual figures fluctuated significantly.
