多地派发购房补贴，最高可达7万元

Core Viewpoint - Dongguan has introduced significant real estate policies aimed at boosting market confidence and stimulating housing demand through financial incentives and support measures [2][4][7]. Demand-Side Measures - The new policy includes a purchase subsidy of 2% of the total contract price for new homes, capped at 30,000 yuan, for buyers who complete contracts and pay taxes by March 31, 2026 [2][4]. - The maximum loan amount for first and second homes has been raised to 1.5 million yuan, with a 50% increase in loan limits for those purchasing affordable housing [4][5]. - The criteria for identifying first-time homebuyers have been adjusted to focus on the specific town or district of the property rather than the entire city [4]. Supply-Side Measures - Dongguan has implemented a mechanism to regulate land supply based on the inventory and absorption rates of new homes, pausing new land sales for areas with a supply cycle exceeding 36 months [4][5]. - The policy aims to reduce new housing supply to alleviate the supply-demand imbalance and stabilize market expectations [5][7]. Market Context - The backdrop for these policies is a sluggish real estate market, with a 55% decrease in new residential supply and a 12% drop in sales volume in August 2023 compared to the previous month [7]. - The average price of second-hand homes fell to 13,400 yuan per square meter, marking a 3% decline and the lowest monthly average in five years [7]. Broader Trends - Other regions in China, such as Henan and Guangxi, are also implementing similar purchase subsidies to stimulate housing demand, indicating a nationwide trend to support the real estate market [9][10]. - The effectiveness of these subsidies is seen as potentially short-term and localized, with long-term market stability dependent on broader economic factors [10].