Real estate market observation | Policy 'combination of punches' to reduce the threshold for home purchases and maintain a moderate recovery trend in costs

2026-05-11 16:19

Policy Express

Economic Observation Network According to CCTV, in April, the transaction volume of second-hand houses in Nanjing, Jiangsu exceeded 10000 units, setting a new high in nearly a year. The inventory of second-hand houses has also dropped to below 130000 units.

According to data released by Nanjing Online Real Estate, in April, 10599 second-hand houses were sold in Nanjing, setting a new high in nearly a year and an increase of 19% compared to March. This is the second consecutive month of high transaction volume in the second-hand housing market in Nanjing in 2026. The person in charge of a real estate agency store in Nanjing said that in April, the staff in the store were busy showing clients properties.

At the same time as the record high trading volume, the market is characterized by a continuous decline in inventory and reluctance from owners to sell. According to the latest data from Nanjing Online Real Estate, the inventory of second-hand houses in Nanjing has fallen below 130000 units, a significant decrease from the peak of 180000 units and a new low in recent years. Entering May, from May 1st to 5th, a total of 1666 second-hand houses were sold in Nanjing.

According to Bao Ziqiang, a real estate agent in Nanjing, Jiangsu, the May holiday has a significant stimulating effect on the market. Some parents may be in a hurry to settle down, and the first-time homebuyers may also come out to see properties. The overall transaction prices during the May Day holiday have also increased.

Industry analysis shows that the rebound of the second-hand housing market in Nanjing is partly due to the continuous efforts of policies such as the "Six Measures for Housing", the expansion of talent housing tickets, and the optimization of housing provident fund, which have lowered the threshold and cost of home purchases. On the other hand, after 5 years of adjustment and concentrated release of self occupied demand, it is expected that the second-hand housing market in Nanjing will continue its moderate recovery trend in May.

Disclaimer: The views expressed in this article are for reference and communication only and do not constitute any advice.