央视解读：2026年房地产政策有四个“新变化”

Core Viewpoint - The recent Central Economic Work Conference has outlined specific requirements for the real estate sector in the upcoming year, emphasizing the need for stability in the market and introducing new policy goals, directions, and tools [1][2]. Policy Changes Change 1: Policy Goals - The policy goal has shifted from "continuously promoting the stabilization of the real estate market" to "focusing on stabilizing the real estate market," indicating a stronger commitment to maintaining stability. This change reflects the current market conditions, where the housing market has entered a phase dominated by existing inventory, with second-hand housing transactions accounting for 45% of total transactions, and a narrowing decline in housing prices [3][4]. Change 2: Policy Direction - The focus has transitioned from "reasonably controlling new land supply" and "promoting the disposal of existing properties" to a new emphasis on "controlling increments, reducing inventory, and optimizing supply." The introduction of "optimizing supply" as a new term suggests a coordinated approach to policy implementation, where local governments must consider inventory levels while ensuring that supply meets public needs [5]. Change 3: Policy Tools - New policy tools have been introduced, including reforms to the housing provident fund and the promotion of "good housing" construction. The expansion of coverage for flexible employment individuals to access housing provident funds, even for rental purposes, and increased loan limits for home purchases aim to alleviate financial pressure on first-time buyers and those seeking improved housing [6][7]. Change 4: Emphasis on Urban Renewal - The term "urban renewal" has been prioritized in the policy framework, moving from a secondary position to a key focus area within the broader strategy to stimulate domestic demand. This shift highlights the importance of urban renewal initiatives in the upcoming economic agenda [8].