Experts: It is expected that local policy documents related to the transformation of urban villages will accelerate to be issued in September.
Yan Yuejin, Deputy Director of the Shanghai Real Estate Research Institute, believes that it is still important and urgent to stabilize the real estate market. The current period is a new important window for real estate companies to reduce inventory, and also a key period for boosting housing sales. It is necessary to make good connections between housing supply and demand during the traditional peak season of "Golden September and Silver October". From the trends of various local policies, it is expected that local policy documents related to urban village transformation will be accelerated in September. Key areas such as areas along the rail transit lines, areas with concentrated universities, areas with concentrated industries, and large-scale urban villages will be the focus of continuous transformation in various places.
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