春节后多地出台楼市新政稳市场业内：“筑底”信号明显，“金三”阳春可期

Core Insights - The recent real estate policies in Jiangsu Huai'an and Shanghai aim to stimulate the housing market through various measures such as purchase subsidies, talent housing initiatives, and adjustments to purchase restrictions and loan limits [1][2] Group 1: Policy Changes - Shanghai's "New Seven Measures" introduced on February 25 include adjustments to purchase restrictions, optimization of public housing fund policies, and minor tweaks to property tax regulations [1] - The new policies in Shanghai allow non-local families who have paid social insurance for one year to purchase homes throughout the city, expanding their options significantly [1] - The maximum public housing fund loan limit in Shanghai has been raised from 1.6 million to 2.4 million, with potential increases for families with multiple children and those purchasing green buildings, reaching a maximum of 3.24 million [1] Group 2: Subsidy Initiatives - On February 24, Huai'an introduced five subsidy measures, including a 2% subsidy on total purchase price for local buyers and a 3% discount for out-of-town buyers [2] - Families with newborns purchasing new homes will receive a 4% subsidy on the total purchase price, with several subsidy policies set to expire on May 31, 2026 [2] Group 3: Market Reactions - Following the implementation of these policies, several properties in Nanjing reported successful sales, indicating a quick market response post-holiday [2][6] - The Nanjing real estate market has shown a significant increase in activity, with a reported 30% rise in second-hand home transactions in major cities, including Beijing, Shanghai, and Shenzhen [6] - The average price of new residential properties in 100 cities across the country rose by 2.52% year-on-year, reaching 17,114 yuan per square meter in January [6] Group 4: Price Trends - In Nanjing, the average price of second-hand homes increased by 9.9% over the past three months, reaching 18,649 yuan per square meter in February 2026, with a month-on-month increase of 13% [7] - The rebound in Nanjing's second-hand home prices, which rose from a low of 16,315 yuan per square meter in December 2025, indicates a significant recovery trend [7] - The stabilization of second-hand home prices is seen as a key signal for confirming the market bottom, which may also enhance demand for new homes [7]