On the first day of the "Shanghai Six Measures", the high temperature did not diminish the enthusiasm for buying houses.
Yesterday was the first day of implementation of the "Six Policies in Shanghai's Real Estate Market". Despite the high temperatures in Shanghai, the enthusiasm for purchasing homes did not decrease. During visits by reporters, it was found that the number of visitors and inquiries at new housing sales offices and real estate agencies located outside the Outer Ring Road increased by 20% to 50%. Li Gen, the head of Lianjia Research Institute in Shanghai, said that the policy of unlimited number of units outside the Outer Ring Road is expected to accelerate market turnover, meet the demands for retirement, vacation, and asset allocation, optimize the provident fund system, make precise improvements in the market, bring about a peak in sales of new homes outside the Outer Ring Road, and promote transactions in second-hand homes, maintaining stable prices in the second-hand housing market. The significance of the new policy signals is obvious, helping to boost market expectations and demonstrating the precision of the control policies in first-tier cities.
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