五环外放开限购，北京房地产再放政策新招

Group 1 - Beijing's new real estate policy, effective from August 9, 2025, removes purchase limits for eligible families outside the Fifth Ring Road and enhances housing fund support [1] - The policy aims to release housing demand in suburban areas, promote work-life balance, alleviate population pressure in central districts, and accelerate inventory reduction [1] - In July, new home sales in Beijing dropped by 31% year-on-year, while second-hand home transactions fell by 18% year-on-year, indicating a significant market slowdown [1][2] Group 2 - Other major cities like Shanghai and Shenzhen are expected to adjust restrictive policies to boost market confidence in response to declining transaction volumes [2] - The focus for policy adjustments in the second half of the year may include stabilizing price expectations, activating home-buying demand, optimizing inventory management, and addressing funding for urban renewal [2] - Companies such as Chengjian Development, China Wuyi, and Long Dragon Real Estate are identified as key players in Beijing's real estate development sector [3]