楼市限制性措施有望继续清理 五大路径通向高质量发展

Core Insights - The "15th Five-Year Plan" emphasizes the importance of promoting high-quality development in the real estate sector, indicating a shift in focus compared to the previous "14th Five-Year Plan" where real estate was not singled out as a task [2][10]. Group 1: Real Estate Development - The "15th Five-Year Plan" outlines specific tasks for real estate, including optimizing the supply of affordable housing and improving housing quality, which reflects the changing structure of housing demand [4][6]. - The plan aims to establish a new development model for real estate, focusing on foundational systems for development, financing, and sales, which are expected to see breakthroughs in policy [2][3]. Group 2: Urban Renewal - The plan calls for a strong implementation of urban renewal, recognizing its importance as cities transition from rapid growth to stable development, focusing on quality improvement of existing urban areas [7][8]. - Urban renewal is expected to generate new industrial demand and improve living conditions, with policies to support financing and planning anticipated to accelerate [8]. Group 3: Housing Policy Adjustments - The plan proposes the removal of unreasonable restrictive measures on housing consumption, indicating a clear timeline for the exit of certain policies to create more space for housing consumption [9][10]. - There is an emphasis on the need for a coordinated approach to managing real estate risks, with a focus on preventing systemic risks through macro-prudential financial reforms [10].