Shanghai Lianjia data: June resale transactions 25,000 units, up nearly 20% YoY;
1H total 140,000 units, up 12% YoY. Price index has been steadily rebounding
over the past six months and is about 8% higher than at end‑2025. Lianjia said
the March policy rollout coincided with concentrated release of rigid demand;
Resale homes priced below 3 mln yuan accounted for roughly 60% of transactions.
In June the 3–5 mln yuan segment’s share rose about 13% versus March and the 5–8
mln yuan segment’s share rose about 17% versus March.
