Recently, real estate-related policies have been intensively introduced at the local level, and cities such as Beijing, Shanghai, Chengdu, and Xi'an will all release favorable policies before September. “By adjusting purchase restriction policies and down payment ratios for loans, various regions have further unleashed the potential for buying homes. At the same time, various regions have raised the amount of housing provident fund loans, lowered the threshold for buying a house, and reduced the cost of buying a home through various subsidies, including interest rates on housing provident fund loans and subsidies for selling old and new ones.” Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that judging from the pace of policy introduction, after Beijing and Shanghai introduced policies one after another, Chengdu, Xi'an and other places followed up, forming a relay effect of linkage and continuous follow-up between first-tier and second-tier cities, sending a positive signal to the market that “there is still room for policy” and boosting market confidence and expectations. The favorable policies in various regions were released at an accurate time, saving energy for the “gold nine silver ten” property market's traditional peak season.

Recently, real estate-related policies have been intensively introduced at the local level, and cities such as Beijing, Shanghai, Chengdu, and Xi'an will all release favorable policies before September. “By adjusting purchase restriction policies and down payment ratios for loans, various regions have further unleashed the potential for buying homes. At the same time, various regions have raised the amount of housing provident fund loans, lowered the threshold for buying a house, and reduced the cost of buying a home through various subsidies, including interest rates on housing provident fund loans and subsidies for selling old and new ones.” Li Yujia, chief researcher at the Guangdong Housing Policy Research Center, said that judging from the pace of policy introduction, after Beijing and Shanghai introduced policies one after another, Chengdu, Xi'an and other places followed up, forming a relay effect of linkage and continuous follow-up between first-tier and second-tier cities, sending a positive signal to the market that “there is still room for policy” and boosting market confidence and expectations. The favorable policies in various regions were released at an accurate time, saving energy for the “gold nine silver ten” property market's traditional peak season.