The Ministry of Housing and Urban-Rural Development issued a notice on the 27th, requiring all localities to scientifically prepare annual plans for housing development in 2024 and 2025.
The circular pointed out that the housing development plan and annual plan are an important starting point for establishing a linkage mechanism for the elements of "people, housing, land and money". All localities should scientifically prepare plans, conscientiously organize implementation, determine housing demand according to population changes, scientifically arrange land according to housing demand, guide the allocation of financial resources, and realize the determination of housing by people, land by housing, and money by housing, so as to promote the balance between supply and demand in the real estate market, rationalize the structure, and prevent the market from fluctuating.
The Ministry of Housing and Urban-Rural Development said that all cities should accurately study and judge housing needs according to the actual local situation, improve the housing system of "security + market", ensure the rigid housing needs of wage and salary income groups, meet the diversified and improved housing needs of residents based on the market, and scientifically prepare annual plans for housing development in 2024 and 2025.
According to the requirements, the annual plan for housing development should clarify the scale, structure and location of various types of housing and land use in the year, and calculate the reasonable financing needs of real estate projects. The number of units and the structure of affordable housing should be further clarified. It is necessary to incorporate the steady and healthy development of the real estate market and the waiting time for housing security into the target management. Before April 30, 2024 and March 31, 2025, each city shall announce to the public the relevant information of the annual housing development plan for the current year in an appropriate manner.
The notice also requires that all cities should take into account the local economic and social development, demographic changes, industrial layout, housing supply and demand, etc., and plan the housing development plan from 2026 to 2030 in advance in combination with the potential situation of stock housing and stock land.