Core Viewpoint - Beijing has implemented a new policy that allows eligible families to purchase an unlimited number of homes outside the Fifth Ring Road, aimed at stimulating the real estate market in these areas [1][3]. Group 1: Policy Changes - The new policy is designed to accelerate market digestion in peripheral areas, benefiting families looking to buy homes outside the Fifth Ring Road and those with multiple properties for asset allocation [1]. - Eligible families include Beijing residents and non-residents who have paid social insurance or individual income tax in Beijing for a specified duration [1]. - The policy reflects a gradual approach to optimizing home purchase regulations, targeting specific demographics while preventing irrational market overheating [1]. Group 2: Market Data - As of now, 81.4% of new residential property inventory is located outside the Fifth Ring Road, with over 80% of new home sales and more than 50% of second-hand home transactions occurring in these areas from January to July [1]. - In the first half of the year, the total sales area of new residential properties in Beijing was 537.6 million square meters, a year-on-year increase of 5.4%, while residential sales area saw a slight decline of 0.8% [3]. Group 3: Economic Implications - The policy aims to promote a better balance between living and working locations, encouraging population and industry migration to areas outside the Fifth Ring Road, thereby alleviating pressure on the city center [5]. - The government is focusing on coordinated development to address the "temperature difference" in the real estate market, where core urban areas remain hot while peripheral regions face challenges [5].
北京楼市放松限购助推职住平衡与空间优化
Zhong Guo Xin Wen Wang·2025-08-11 07:29