Core Viewpoint - Xi'an has introduced 12 new policies to stabilize the real estate market, focusing on increasing housing provident fund support and promoting the linkage between new and second-hand housing markets [4][3]. Demand-side Measures - The new policies include allowing employees to withdraw housing provident funds to pay for the down payment on new homes, and enabling provincial employees to apply for provident fund loans in Xi'an with equal rights as local contributors [4][3]. - Initiatives to promote the second-hand housing market include expediting the processing of property rights certificates and implementing tax refund policies for selling old homes to buy new ones [4][5]. Supply-side Measures - The policies aim to optimize land supply by prioritizing land with complete infrastructure and amenities, and adjusting land use conditions to ensure high-quality residential construction [5][6]. - A phased payment system for land transfer fees is introduced, allowing developers to pay 50% of the fee within one month of signing the contract, facilitating quicker project initiation [5][6]. Real Estate Market Activity - On the same day as the policy announcement, three residential land parcels were sold at the base price, totaling 2.824 billion yuan, indicating a stable land market [2][8]. - The land parcels included two in the Weiyang District and one in the High-tech Zone, with a total area of approximately 117,964.9 square meters and a planned building area of 311,809.33 square meters [8][9]. Expert Insights - Industry experts believe that these new policies are comprehensive and targeted, likely to significantly boost Xi'an's real estate market and encourage other cities to adjust their policies in response to central government directives [3][7].
西安发布12条稳楼市新政！