所有买房人注意！9月新一轮房楼市超常规救市潮，已经在路上…

Core Viewpoint - The real estate market in China is facing significant challenges as it continues to adjust, with expectations for a new round of extraordinary market rescue measures in September 2025 to stabilize the sector and stimulate demand [1][5][16] Market Conditions - In the first half of 2025, the national sales area of new commercial residential properties was 384 million square meters, a year-on-year decrease of 3.7%, while sales revenue was 3.88 trillion yuan, down 5.2% [1] - The average sales prices of new and second-hand residential properties in 70 major cities fell by 3.7% and 6.1% year-on-year, respectively [1] - A second-tier city experienced a 30% year-on-year decline in new home transaction volume in the first half of 2025, with second-hand home listings increasing and transaction cycles lengthening [4] Policy Background - The real estate sector is crucial for economic growth, employment, and fiscal revenue, and its ongoing downturn is a significant drag on economic development [5] - The central government has emphasized the need for targeted policies to support housing demand and promote a stable and healthy real estate market [7] Expected Rescue Measures - Financial policies are anticipated to be further relaxed, including potential reductions in mortgage rates, with some cities possibly seeing rates drop below 3% [8][9] - Loan limits may be increased, and banks could ease requirements for income verification and other documentation to facilitate borrowing [11] - Local governments may enhance home purchase subsidies and tax incentives to lower transaction costs for buyers [11][12] Impact on Buyers - First-time homebuyers stand to benefit significantly from lower mortgage rates and increased subsidies, potentially saving over 100,000 yuan in interest over 30 years with a 100,000 yuan loan [13] - Buyers looking to upgrade their homes will also find it easier to navigate the market due to relaxed policies on second-home loans and sales restrictions [14] - Investors are advised to approach the new rescue measures cautiously, as the long-term outlook for the market remains uncertain despite potential short-term price increases [15]