China Index Academy: 17 cities have issued implementation rules for the "August 28 New Policy," with the pre-sale system transitioning smoothly toward existing-home sales.

Zhitong Finance APP has learned that on November 3, the China Index Academy released the October 2026 national real estate market monthly report. As of the end of October, 17 cities had issued implementation rules for the August 28 new policy, and local enforcement standards are gradually becoming clearer. Wuhan, Tianjin, Hangzhou, Shenzhen, Ningbo, Shiyan, Wenzhou, Suzhou, Hefei, Chengdu, Changsha, Xi'an, Jinan, and Nanjing successively introduced implementation rules. Together with Beijing, Shanghai, and Guangzhou, which issued rules at the end of September, 17 cities have now clarified specific implementation arrangements. In terms of policy content, localities generally use August 28, 2026 as the cutoff point between old and new rules. Commodity housing projects whose land transfer announcements are newly published after August 28 will give priority to presale of completed homes, and single buildings under presale must complete the topping-out of the main structure.