In 2024, the real estate market of Hangzhou witnessed significant changes, with multiple new policies being released to promote market recovery. Sales of second-hand houses hit a four-year high throughout the year, surpassing that of new houses for the first time.
The data show that, non-locals purchased 84 percent of the second-hand houses sold last year. Thereinto, Wenzhou ranks first in the province, and Fuyang in Anhui is leading outside the province.
,https://en.hangzhou.com.cn/News/content/2025-01/16/content_8843057.html