CCTV News: The new national standard for residential construction will be officially implemented on May 1. As the May Day holiday is coming, the real estate markets in many places have ushered in a peak in subscription, and the new housing market is showing a trend of both supply and demand.
Since 2025, there have been 9 new housing projects in the Shanghai real estate market triggering points, that is, the points sorting mechanism initiated when the number of real estate subscribers exceeds the preset ratio. Before the May Day holiday, all the property projects were sold out. During the holidays, the second batch of subscriptions have been launched.
Industry insiders said that at present, mid-to-high-end properties that prefer improvement are more popular among home buyers. Shenzhen: "May Day Good House Festival" ignited citizens' enthusiasm for buying property
During the May Day, the Shenzhen Good House Festival was held in full swing, attracting about 40,000 people on the first day. The event has one main venue and two sub-venues to create a "one-stop" home buying exhibition for citizens. Through the exhibition, many projects have gained a large number of subscription intentions.
Liu Dan, executive vice president of Shenzhen Real Estate Operation Service Industry Association, introduced that at present, most of the properties for consultation are mainly improved.
Experts said that improving demand release will also promote the upgrading of the second-hand housing market.
Yan Yuejin, deputy director of Shanghai Yiju Real Estate Research Institute, introduced that after some good products are launched, there is very good support for the market demand for first- and second-hand houses such as selling second-hand houses to exchange for new houses. After May, the implementation of housing project standards will have a very positive impact on the entire real estate sector.
