Zheng Quan Shi Bao Wang·2025-09-07 10:57Core Viewpoint - Shenzhen has implemented new housing policies that significantly relax purchase restrictions and adjust mortgage rates, which is expected to support the city's real estate market and help reduce inventory levels [1] Summary by Relevant Sections Housing Purchase Restrictions - The new policy relaxes purchase restrictions in non-core areas of Shenzhen, excluding specific districts such as Futian, Nanshan, and Bao'an [1] - The relaxation of restrictions is more substantial compared to recent policies introduced in Beijing and Shanghai [1] Mortgage Rate Adjustments - The new policy eliminates the differentiation in mortgage rates between first and second homes, which is expected to lower the cost for second-home buyers [1] Market Impact - The relaxation of purchase restrictions is anticipated to facilitate the reduction of inventory in the city's real estate market, particularly in non-core areas [1] - Given the recent pressure on transaction volume and prices in Shenzhen's housing market, the new policies are expected to provide support for market stabilization, similar to the effects observed in Beijing and Shanghai following their policy changes [1]