Shanghai registered 25,932 second-hand home sales in March, up 50 per cent from a year earlier. Photo: AFP

Green shoots of recovery in China’s property market but don’t pop the champagne yet, caution market observers

  • Beijing, Shanghai and Shenzhen all reported sizeable growth in sales of pre-owned homes
  • Sales of new homes by 23 listed developers jumped 26 per cent in March after falling 20 per cent in the first two months of 2019
Topic |   China property

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Shanghai registered 25,932 second-hand home sales in March, up 50 per cent from a year earlier. Photo: AFP
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