Real exploration of Shanghai's property market: Some buyers are "instantly placing orders" after the new policy, and there were over 500 groups visiting a property over the weekend.

After the central bank's reserve requirement ratio cut and interest rate cut, coupled with the implementation of the new housing provident fund policy, the first weekend saw reporters visiting some new property developments in Shanghai. From the feedback of the projects, it can be seen that this combination of policies has quickly transmitted to the new housing market. There was a 30% increase in visits to new properties, and some properties had over 500 groups of customers visiting over the weekend. The continuously decreasing mortgage interest rate environment has also had a certain impact on the purchasing mentality of some first-time homebuyers. In the analysis of the industry insiders, in the future period, mortgage rates below "2" may become mainstream.