广州结束15年楼市调控史

Core Viewpoint - Guangzhou has become the first tier city to fully relax the "three limits" (purchase limit, sale limit, price limit) in its housing market, aiming to stimulate consumption and address significant market disparities [1][4]. Policy Changes - The "Implementation Plan for Boosting Consumption" was released on June 13, proposing the complete removal of purchase, sale, and price restrictions, along with lowering down payment ratios and interest rates [1]. - The down payment ratio for first-time homebuyers is currently at 15%, and the interest rates for commercial loans are approximately 3%, while public housing loans are around 2.6%, which are the lowest among first-tier cities [4][6]. Market Performance - From January to May 2023, Guangzhou recorded a total of 25,659 new residential units signed, representing a year-on-year increase of 22% [1]. - The second-hand housing market also saw a significant increase, with 43,785 transactions, up 23.6% compared to the same period last year [7]. - The average price of new homes in Guangzhou is reported at 35,700 yuan/m², with significant price disparities between core and peripheral areas [8]. Market Disparities - The inventory turnover period in Guangzhou averages 23 months, with the longest being 38 months in Yuexiu District and the shortest at 13 months in Liwan District [1]. - There is a notable price decline in peripheral areas, with some projects experiencing price drops of up to 23% compared to previous years [9].