For the first 11 months of this year, meanwhile, new home sales exceeded 8.1 million square meters across the city, compared with 6.72 million square meters during the whole of 2011, according to Uwin.
Similar robust momentum has appeared in the city's pre-owned housing market.
In that market, 19,744 units changed hands in Shanghai last month, a rise of 21.6 percent from October and a surge of more than 200 percent from the same period a year earlier, Shanghai Deovolente Realty Co, a major estate chain in the city, said in its latest report.
Industry analysts are predicting the momentum will probably extend well into the new year, though mild fluctuations may occur.
"The local housing market will probably maintain its strength for the next 12 months, and no significant change in either volume or price seems likely," said Joe Zhou, head of research at Jones Lang LaSalle Shanghai. "The market will stabilize further as tightening measures to curb housing speculation remain in place for some time."
The official Xinhua news agency reported earlier this month that the Chinese government will maintain the continuity and stability of economic policies in 2013. It cited a statement issued after a meeting of the country's top leaders, headed by Xi Jinping, that China will expand domestic demand, actively promote urbanization, strengthen real estate controls and support small business, according to Xinhua.
Lian Ping, chief economist at the Bank of Communications, said he expects a "moderately active" property market in 2013.
"The latest meeting of the Central Politburo, which provided a preview of the country's economic policy stance for next year, sent us a message that there will be little chance for a major change in China's property curbs," Lian toldhexun.com during a recent interview. "A notable rebound in home prices will be impossible, though overall sentiment will remain moderately active."
Residential building collapses in E China's Ningbo
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