房票打折搅动楼市，全国超90城落地

Core Viewpoint - The housing ticket resettlement system is emerging as a new force in the real estate market of first-tier cities, with significant progress reported in Guangzhou and gradual implementation in Shenzhen [2][7]. Group 1: Guangzhou's Housing Ticket Resettlement - As of early December, Guangzhou has issued a total of 1,411 housing tickets amounting to 1.868 billion yuan, with 1,041 tickets utilized, leading to the absorption of 792 units of existing residential properties [2]. - The housing ticket policy has facilitated the preliminary subscription of approximately 5,500 housing units, covering over 550,000 square meters and involving around 9.8 billion yuan in funds, thereby promoting urban renewal and market vitality [2]. - The Huangpu District has seen rapid adoption of the housing ticket policy, with over 6,000 subscriptions expected by December 2025, and significant financial allocations for housing tickets in other districts like Nansha and Panyu [5]. Group 2: Market Impact and Developer Response - The housing ticket system has proven to be an effective tool for property sales, with some developers reporting that up to 40% of their sales in certain projects are driven by housing tickets [5][6]. - Developers are increasingly adopting housing tickets as a payment method, often offering discounts compared to standard sales prices, which enhances market activity [5][6]. - Major real estate companies, such as Vanke, have established dedicated teams to support clients using housing tickets, providing comprehensive services from policy interpretation to transaction facilitation [6]. Group 3: Expansion to Other First-tier Cities - Shenzhen has begun implementing the housing ticket system, with the first ticket issued for a land consolidation project valued at 40.55 million yuan, marking a significant step in the city's urban renewal efforts [7][9]. - The housing ticket system is expected to become a primary tool for inventory reduction across various projects in Shenzhen, with plans to integrate more projects into the housing ticket framework [9][10]. - The housing ticket policy is evolving into a multifunctional tool, transitioning from a mere compensation mechanism to a comprehensive strategy for resettlement, inventory reduction, and risk mitigation, with over 90 cities adopting the system nationwide [10].