The "combination punch" of new real estate policies in various regions has shown its effect, and the market activity has increased significantly
News: Recently, various places have successively introduced new real estate policies to stimulate the property market. On June 26, Beijing announced that the minimum down payment ratio for first-time mortgage loans will be adjusted to 20%; the lower limit of the first mortgage interest rate for loans with a term of more than 5 years will be adjusted to 3.5%. How was the Beijing market's response on the first day of the new policy?
As soon as it opened in the morning, a real estate sales office located outside the Fifth Ring Road in Beijing welcomed a large number of visitors.
After the real estate project was launched in March this year, it coincided with the "4.30", "5.17" and the current policy optimization and adjustment. The sales staff clearly felt the boost to the market from the "combination punch". Currently, the real estate project has two to four bedrooms for sale. After the new policy optimized the identification of home purchases for multiple children, the popularity of large apartments has also increased significantly.
Shanghai: Second-hand housing market is active after one month of new real estate policy
Since Shanghai launched the new property market policy on May 27, the local second-hand housing market has seen daily sales of more than 1,000 units on several occasions. In just 24 days in June, the online signing volume exceeded that of March, becoming the month with the highest monthly sales in 2024. Data shows that from June 1 to 25, 21,177 second-hand houses were sold in Shanghai, with the average daily sales increasing by 40.5% compared with May, indicating a high level of activity in the second-hand housing market.
Shenzhen: One month after the new property market policy was implemented, the transaction volume of new homes in the core area has increased significantly
On May 28, Shenzhen released its new property market policy, and it was exactly one month until June 28. On June 27, the reporter saw a constant stream of customers coming to consult at a property marketing center in Shenzhen. The person in charge of the property said that some new property projects had seen a surge in customers, especially popular projects, where customers were enthusiastic about viewing properties and transaction volume had also rebounded significantly.
Industry insiders said that overall, after the new policy, the transaction of high-quality real estate in the core area of Shenzhen was relatively active. Data from the Shenzhen Housing and Urban-Rural Development Bureau showed that as of June 26, Shenzhen had sold 2,286 first-hand residential units in June, a month-on-month increase of 36.8% and a year-on-year increase of 7.4%.