Many places have intensively landed in the property market. The activity of the New Deal real estate market is constantly ＂warming up＂

CCTV News:On June 2nd, Suzhou, Jiangsu Province issued 16 measures for the new real estate policy, making it clear that the qualification for purchasing houses will no longer be examined in Suzhou.

In addition, non-Suzhou household registration personnel who buy or own legally owned houses in Suzhou and actually live can apply for settlement. Cancel the lower limit of the interest rate of individual housing loans for the first and second suites, and commercial banks can independently determine the specific interest rate level of each loan according to the risk status of customers. The minimum down payment ratio of the first suite is adjusted from not less than 20% to not less than 15%, and the minimum down payment ratio of the second suite is adjusted from not less than 30% to not less than 25%. If the purchaser has no housing within the urban area of the purchased housing, or only one set of housing within the urban area of the purchased housing is being listed for sale, the mortgage loan for the newly purchased housing can be recognized as the first set of housing.

Ministry of Housing and Urban-Rural Development: Increase support for new citizens and other groups to rent houses and withdraw housing provident fund.

Recently, the People’s Bank of China announced that the interest rate of individual housing provident fund loans will be lowered by 0.25 percentage points from May 18th. Subsequently, officials in Shanghai, Chongqing, Liaoning and other places announced that the interest rate of individual housing provident fund loans would be lowered. The Ministry of Housing and Urban-Rural Development said that while increasing the support for depositors’ loans, the next step will be to increase efforts to support groups such as "new citizens" to rent houses and withdraw housing provident fund.

The Ministry of Housing and Urban-Rural Development said that at present, the housing provident fund has continuously increased the extraction of renting houses in support of "new citizens", young people and families with many children to solve housing problems, and supported families with many children renting houses to extract the housing provident fund according to the actual rent expenditure.

The Ministry of Housing and Urban-Rural Development said that for families with many children who buy the first home, all localities should provide appropriate policy support such as increasing the loan amount according to the actual situation. In recent years, the amount of housing provident fund for renting houses and the number of people have increased rapidly. Every year, more than 15 million "new citizens" and young people are supported to withdraw housing provident fund to pay rent, among which young people under 40 account for more than 80%.

In addition, in terms of supporting affordable rental housing, various localities have actively taken measures to increase the amount and frequency of rental housing withdrawal, and supported depositors who rent affordable rental housing to withdraw housing provident fund according to actual rental expenses. Some urban provident fund centers have also cooperated with affordable rental housing operators to provide depositors with preferential facilities such as rent discounts and deposit relief.

Shanghai: the provident fund can be withdrawn to repay the housing provident fund loans in different places in the Yangtze River Delta.

On May 31, Shanghai issued a notice to support the Shanghai housing provident fund to withdraw and repay the housing provident fund loans in different places in the Yangtze River Delta. Since June 1st, employees who have paid housing provident fund in Shanghai have used housing provident fund loans to buy houses in Jiangsu, Zhejiang or Anhui, which is in line with the prescribed purchase situation, and there is no housing provident fund loan in Shanghai, and there is no entrustment to withdraw housing provident fund to repay the housing loan. The main lender and spouse can withdraw the balance of Shanghai housing provident fund account and repay the housing provident fund loan. Eligible people can go to the business outlets of Shanghai Provident Fund Center for consultation.

The down payment ratio of house purchase decreased, and the transaction volume of new houses in some cities increased significantly.

On May 17th, the central bank adjusted the minimum down payment ratio of the first and second home loans to 15% and 25%. What is the market performance after the lowest down payment ratio policy in history has been implemented in many places? Look at the reporter’s recent visits in several cities.

In the sales office of a commercial housing project in Yuelu District, Changsha City, Hunan Province, buyers Mr. Shi and Ms. Xue subscribed for an improved housing. In 2019, the couple bought a house for the first time in Changsha, and this time they bought a house again. They felt that the down payment and interest rate had dropped a lot.

On May 17, after the central bank announced the adjustment of the down payment ratio, Changsha and Wuhan followed suit on May 21, and both cities lowered the interest rates of the first and second home loans.

The data shows that since the implementation of the new mortgage policy on May 17, the average daily transaction volume of new houses in Wuhan has increased to 242 sets, which is significantly higher than that of 165 sets in April. In addition, the number of new homes online in Changsha has also increased significantly after the new mortgage policy.