B · Normal
[Interest discounts, existing housing, and provident fund increase, the real estate market activity in many places increased during the National Day holiday] October 8th, a series of new property market policies have been implemented recently: On August 28th, the Ministry of Housing and Urban-Rural Development and other departments issued a document to implement the existing housing sales system for commercial housing; on September 29th, the Ministry of Finance and other departments took action again, clarifying that starting from October 1st, eligible residents will be given an annualized fiscal discount of 1 percentage point on their first home purchase loans. During this National Day holiday, the property market in many cities performed well. The new and second-hand housing markets in Suzhou, Zhengzhou, Wuhan and other cities have also picked up simultaneously. The number of visits and transaction volume of real estate properties in many places has increased year-on-year and month-on-month. Home purchases for urgent needs and improvements in household replacement have become the main buyers. (CCTV Finance)
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