Since the beginning of 2024, China’s first-tier cities—Beijing, Shanghai, Guangzhou, and Shenzhen—have witnessed a noticeable recovery in their second-hand housing markets. According to data from multiple real estate platforms and research institutions, transaction volumes in these cities rose significantly month-on-month during January and February, with some districts even experiencing simultaneous increases in both prices and sales volume. This rebound is largely driven by an improving policy environment, including lowered mortgage rates, partial easing of home purchase restrictions, and the introduction of supportive measures such as ‘trade-in’ programs for older homes. Additionally, buyer confidence has gradually returned, with heightened activity in property viewings and price negotiations after the Lunar New Year holiday fueling market momentum. Notably, performance varies slightly across cities: Beijing and Shanghai have seen relatively stable prices due to strong demand for homes in prime school districts and central locations, while Guangzhou and Shenzhen have recorded more pronounced sales rebounds thanks to targeted policy stimulus. Industry experts generally agree that the market remains in a phase of moderate recovery, with limited potential for sharp price surges in the short term. However, with improving economic expectations and continued policy support, the second-hand housing market is expected to maintain steady, gradual growth throughout the year.
2024年开年以来，中国一线城市（北京、上海、广州、深圳）的二手房市场呈现明显回暖迹象。据多家房产交易平台和机构数据显示，1月至2月期间，四大城市的二手房成交量环比显著上升，部分区域甚至出现量价齐涨的局面。这一轮回暖主要受益于政策环境的持续优化，包括房贷利率下调、限购政策局部放松以及‘以旧换新’等支持性措施陆续落地。此外，购房者信心逐步恢复，春节后看房、议价活跃度明显提升，推动市场交易热度回升。值得注意的是，尽管整体趋势向好，但各城市表现略有分化：北京和上海因优质学区和核心地段房源稀缺，价格相对坚挺；而广州和深圳则在政策刺激下成交量反弹更为明显。业内专家普遍认为，当前市场仍处于温和修复阶段，短期内大幅上涨可能性较低，但随着经济预期改善和政策进一步发力，全年二手房市场有望保持稳中有升的态势。
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