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China Daily / 2024-05 / 22 / Page014

Sentiment upbeat on property market measures

By WANG YING in Shanghai | China Daily | Updated: 2024-05-22 00:00
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Homebuyers in Shanghai and surrounding areas have given a positive reaction over the weekend to the supportive measures unveiled on Friday to stabilize the nation's property market, market insiders said.

"We were super busy on Saturday and Sunday. Our workload grew 30 to 40 percent from the previous weekend due to surging inquiries and visits from potential clients, and many of us kept communicating with customers until midnight," said Gui Chenjie, an agent with Sinyi Realty in Shanghai's Hongkou district.

Gui said that on Sunday alone, the real estate agency outlet he works for inked two purchase deals after clients visited apartments.

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