Newly built "good houses" popular, policy combination stimulates vitality of real estate market.

At the beginning of this month, Shenzhen introduced new real estate policies, relaxing restrictions in non-core areas, removing the distinction between first-time and second-time commercial property buyers, and allowing banks to independently determine interest rates based on market conditions. Starting last Friday, several banks began implementing the new credit policies. The local real estate market responded positively. Over the past weekend, there was a noticeable increase in the number of visitors to some sales offices in Shenzhen. This year, various regions in Hubei have introduced a series of real estate preferential policies and increased efforts in the construction of high-quality residential properties. In the first seven months, the sales area of new commercial housing in Hubei Province increased by 5.8% year-on-year, indicating a resurgence in the real estate market. Recently, a real estate project in the Wuchang Binjiang area of Wuhan attracted many buyers with advantages such as high occupancy rates and quality facilities. On the opening day, sales exceeded three billion yuan, setting a new high for recent sales in the region.