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<CN Home>Upon 1-mth Launch of Shanghai Real Estate New Policy: New Home Sales Area Reach Weekly High for the Yr in 2nd Week of Mar
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Since the promulgation of the "Notice on Further Optimizing and Adjusting the Real Estate Policy of Shanghai" a month ago, the Shanghai real estate market has displayed positive changes.

As of yesterday (24th), the transaction volume in the Shanghai second-hand housing market grew 4% YoY in March, according to estimates from the real estate data platform.

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In the second week of March (March 9 to 15), the transaction area of new commodity housing in Shanghai reached 220,000 square meters, up 62% WoW, marking the weekly peak this year, data from the China Index Academy showed.
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