中经评论：北京优化调整限购释放哪些信号

Core Viewpoint - Beijing's recent policy adjustments aim to promote a stable and healthy real estate market, better meet residents' housing improvement needs, and effectively utilize market mechanisms while adhering to the city's strategic positioning and overall planning [1][2]. Group 1: Policy Adjustments - The most notable change allows residents to purchase an unlimited number of properties outside the Fifth Ring Road, provided they meet certain conditions [1]. - The policy targets both new and second-hand housing, indicating a focus on increasing market activity in the outer areas of Beijing [2]. Group 2: Market Dynamics - The current inventory shows that 81.4% of new residential properties and about 50% of second-hand homes are located outside the Fifth Ring Road, highlighting the need for policy adjustments in these areas [2]. - Over 80% of new residential sales and more than 50% of second-hand transactions in the first seven months of the year occurred outside the Fifth Ring Road, indicating a shift in market demand [2]. Group 3: Housing Fund Support - The new policy enhances housing fund loan support, broadening the definition of first-time homebuyers and increasing the maximum loan amount for second homes to 1 million yuan, with a minimum down payment of 30% [3]. - The adjustments are expected to alleviate inventory pressure, stimulate economic growth, and promote population and industry migration to outer areas, thereby optimizing urban space [3].