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Spatial Reconfiguration of Housing Price Patterns and Submarkets in Shanghai Before and After COVID-19

Author

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  • Yunjie Feng

    (College of Architecture and Urban Planning, Tongji University, Shanghai 200092, China)

  • Zihan Xu

    (College of Architecture and Urban Planning, Tongji University, Shanghai 200092, China)

  • Jiaxin Qi

    (College of Architecture and Urban Planning, Tongji University, Shanghai 200092, China)

  • Yao Shen

    (College of Architecture and Urban Planning, Tongji University, Shanghai 200092, China
    Centre for Advanced Spatial Analysis, University College London, London WC1E 6BT, UK)

Abstract

Housing markets worldwide have undergone major disruptions during the COVID-19 period, raising questions about how systemic shocks reshape housing preferences and spatial structures. This study develops an integrated spatial framework to examine multi-dimensional housing market restructuring, combining global and local modelling with network-based submarket delineation. Using Shanghai as a case study, we compare pre- and post-pandemic conditions (2019 and 2023) to explore fluctuations in housing prices, shifts in attribute effects, and reconfiguration of submarkets. The results reveal highly differentiated market responses across space. A dual restructuring is observed: decentralisation within the urban core and reinforced integration of outer-peripheral areas into the metropolitan centre, suggesting a gradual transition from a monocentric system towards a more polycentric and context-dependent housing landscape. Methodologically, the study proposes a transferable framework for analysing spatial restructuring under systemic shocks. Empirically, it provides fine-grained evidence of housing market reconfiguration across spatial scales, offering practical insights for spatially informed urban planning and housing market management.

Suggested Citation

  • Yunjie Feng & Zihan Xu & Jiaxin Qi & Yao Shen, 2025. "Spatial Reconfiguration of Housing Price Patterns and Submarkets in Shanghai Before and After COVID-19," Land, MDPI, vol. 14(10), pages 1-29, October.
    • Handle: RePEc:gam:jlands:v:14:y:2025:i:10:p:2008-:d:1766132
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