Group 1 - Beijing has implemented a significant relaxation of housing purchase restrictions, allowing families to buy unlimited properties outside the Fifth Ring Road, which is a major shift from previous policies [3][4][10] - The new policy is expected to stimulate market demand, particularly in the outer areas of Beijing, where over 80% of new residential sales occurred in the first seven months of the year [8][10] - Real estate agents have reported increased foot traffic in sales offices following the announcement, indicating a potential rise in buyer interest and activity [5][6][9] Group 2 - The policy change is seen as a response to high inventory levels and aims to alleviate pressure on certain high-stock areas, with approximately 80% of new housing projects expected to benefit directly [8][10] - The adjustment in purchase limits is also anticipated to facilitate the transaction chain for those looking to upgrade from second-hand properties, thereby enhancing overall market fluidity [9][10] - Analysts suggest that while the new policy will likely boost transactions in the short term, the overall impact on prices remains uncertain, with a need for further observation of market dynamics [9][10]