Reading tips.
In the past 2023, the real estate market ushered in multiple sets of policy red envelopes. At the beginning of the new year in 2024, favorable policies will continue to exert force, whether it is the implementation of the housing ticket resettlement policy, or the free rail transit ride when you buy a house, or the "substitution with awards", the continuous "new" policies will further promote market transactions, boost market expectations, and promote the stable and healthy development of the property market.
Recognize the house but not the loan", reduce the down payment ratio and interest rate, relax the purchase restriction policy, and reduce the transaction tax ......In the past 2023, in the face of the new situation that China's real estate market is facing major changes in the relationship between supply and demand, all regions and departments will adjust and optimize real estate policies in a timely manner and issue a series of policy red envelopes.
At the beginning of the new year in 2024, favorable policies in various places will continue to exert force, and "fancy" will support the property market. From the placement of house tickets, "substitution with awards", to free subway rides when buying a house, the continuous "new" policy further promotes market transactions, boosts market expectations, and boosts the stable and healthy development of the property market.
Room ticket placement promotes destocking.
Through the house ticket policy, there is an additional subsidy of more than 10,000 yuan, and it is more cost-effective to buy a house. On January 5, at the site of the requisition and demolition of the Shiweitang Old City Reconstruction Project in Liwan District, Guangzhou, Ms. Zhou, a resident who received the first batch of house tickets in Guangzhou, said. With the room ticket, she can directly buy the newly built commercial housing with "fixed-point storage".
With the issuance of the city's first house ticket by the Land Development Center of Liwan District, Guangzhou on the same day, Guangzhou became the first first-tier city to implement the resettlement of house tickets.
Previously, Guangzhou mainly compensated the expropriated persons in the process of urban renewal by means of relocation and cash, and the implementation of the housing ticket resettlement system provided Guangzhou with a third way of compensation for urban renewal. Yang Hongxia, general manager of the South China Branch of the China Finger Research Institute, said.
Yan Yuejin, research director of the E-House Research Institute, believes that the housing ticket resettlement system has a positive effect on local governments, home buyers and real estate companies, "for local governments, it can reduce the pressure on the construction of resettlement houses and the financial pressure of direct cash compensation; For home buyers, it can help better solve the problem of living or housing; For real estate companies, it can promote the destocking of some **projects and boost transactions**.
Free transportation boosts the willingness to buy a home.
The convenience of transportation is an important factor for many people to consider when buying a house. Recently, Shanghai's Jinshan District has introduced a preferential rail transit policy to attract home buyers to buy property in the district.
The reporter learned from the Shanghai Jinshan District Housing Management Bureau that since January 2, the purchase of C&D real estate and other 9 developers in Jinshan District designated real estate can enjoy Jinshan Real Estate 5 years of free rail transportation. "The relevant departments of the district are uniformly customizing exclusive transportation cards, which are given to cross-district property owners who buy houses in related projects on a household basis. The relevant person in charge of the bureau introduced.
Located on the outskirts of Shanghai, Jinshan District is less attractive to buyers from other districts than other districts. This policy is to allow buyers to enjoy more convenient commuting and lower transportation costs while having a stable living environment in Jinshan District through preferential transportation measures, so as to achieve a balance between work and housing and enhance people's willingness to buy houses. Lu Wenxi, chief analyst of Shanghai Zhongyuan Real Estate, said.
Lu Wenxi stressed that the effect of the preferential policy of "free rail transit commuter within 5 years of buying a house" remains to be seen, "transportation is only part of the consideration of home buyers, and other factors may occupy a greater weight in the purchase decision." However, it is an attempt to solve the problem of destocking the property market with real estate companies. ”
"Substitution with awards" to accelerate customer signing.
The maximum prize is 500,000 yuan. Recently, Luoyang, Henan Province issued a new policy of "substituting awards to carry out preferential housing purchase activities".
On January 3, Luoyang, Henan Province issued a number of measures to further promote the stable and healthy development of the real estate market, in addition to the implementation of financial subsidies for transaction deed tax, increase provident fund policy support, the implementation of measures such as "recognising houses without recognising loans", and also proposed to carry out preferential activities for buying houses in the central urban area of Luoyang. The first phase of the new commercial residential and apartment network will be carried out when 2,000 units are signed, and 1 special prize will be set up for each period, and 50% of the purchase price will be rewarded in cash, with a maximum of 500,000 yuan.
Cash incentives can help motivate customers to buy a home, especially those who are in a hesitation period to sign up faster. Liang Botao, general manager of Henan Company of the China Index Research Institute, said that the adjustment of Luoyang's new policy is relatively strong and innovative, and has good reference significance for policy optimization in other cities.
Policies continue to promote the stabilization and recovery of the property market.
In addition to the above-mentioned "fancy" policies to support the property market, at the beginning of this year, many places promoted the stabilization and recovery of property market demand by reducing down payments, lowering interest rates, and optimizing provident fund policies. For example, Dongguan, Guangdong Province, will gradually cancel the lower limit of the interest rate on the first home loan from the first day of the new year; From January 3, Shanghai has implemented a new provident fund policy to reduce the down payment ratio of second homes; On January 8, Zhengzhou, Henan Province issued opinions on further improving the housing provident fund for new citizens and young people, and implemented measures such as raising the loan limit for new citizens and young people who meet the relevant conditions, and ...... measures
Industry insiders believe that these new policies will help boost the expected confidence of the real estate market, enhance market activity, and promote the steady and healthy development of the real estate market.
Looking back at 2023, the housing and urban-rural development department, together with relevant departments, will introduce policy tools such as "no need to subscribe for a loan", reduce the down payment ratio and interest rate, implement individual income tax policies related to supporting residents to purchase housing, and reduce intermediary fees for second-hand housing sales, so as to guide local governments to implement policies according to the city, one policy for each city, and precise policies to stabilize the market.
In the new year, we must adhere to the positioning of 'houses are for living, not for speculation', adapt to the new situation of major changes in the relationship between supply and demand in the real estate market, meet the demand for rigid and improved housing, optimize real estate policies, and continue to do a good job in ensuring the delivery of buildings, ensuring people's livelihood and ensuring stability. The relevant person in charge of the Ministry of Housing and Urban-Rural Development said.
Looking forward to 2024, the China Index Research Institute predicts that the policies at both ends of supply and demand will continue to exert force, the core.
Policies in first- and second-tier cities will continue to be optimized, and there is still a lot of room for optimization in first-tier cities such as purchase restrictions and loan restrictions, and it is expected that the sales area of new homes will continue to increase steadily; The second-tier city market is expected to stabilize at the bottom.