Second-hand home sales in Shanghai reached a near five-year high last month after the city relaxed purchase restrictions for residents not registered locally, among other measures.
Some 31,215 pre-owned houses changed hands in Shanghai last month, up 176 percent from February and 6 percent from a year earlier, according to local government data. The last time the figure topped 30,000 units was in March 2021, when it reached 39,400.
