During the first weekend after the implementation of the "Six Measures in Shanghai", the number of daily transactions for second-hand houses exceeded one thousand, indicating an acceleration in the pace of improvement-oriented buyers entering the market.
The "Six Major Policies of Shanghai's Real Estate Market" effect is now showing: On August 30th, 1103 second-hand houses were sold in Shanghai, breaking a thousand in a single day for the first time since August. With the reduction of purchase restrictions, the pace of improvement-oriented buyers entering the market has accelerated. On the first weekend of policy implementation, sales offices and agencies in the outer ring area have started to aggressively attract buyers. On August 25, the day the "Six Major Policies of Shanghai" were released, many real estate projects in the outer ring area put up posters, focusing on promoting the policy of no purchase restrictions in the outer ring area. As the detailed regulations of commercial loan interest rates from major banks are gradually clarified, the pace of improvement-oriented buyers entering the market has accelerated.
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