Lates News

Currently, reducing restrictive measures has become the key focus of various local real estate policies. Since August, Beijing, Shanghai, and Suzhou have successively optimized restrictive measures on the real estate market to consolidate the market and stabilize it from declining. "In order to promote the consumption of large commodities such as housing and stimulate domestic demand and consumption markets, various regions are reviewing their local policies and removing restrictions on housing consumption." According to Li Yujia, chief researcher of the Guangdong Housing Policy Research Center, the recent trend of implementing policies at the district level is also a characteristic of various local real estate policies. Regions are focusing on areas with falling prices, high inventory of second-hand homes, and slow sales of new homes, and are guiding housing demand through targeted measures. (Securities Daily)