Core Viewpoint - The recent adjustment in Beijing's housing purchase policy, allowing unlimited purchases for eligible families outside the Fifth Ring Road, is expected to significantly boost demand and activity in the housing market, particularly in the outer areas of Beijing [1][2][3] Group 1: Market Response - Following the policy change, there was a notable increase in foot traffic and sales in the outer areas of Beijing, with some projects seeing over 100 groups of visitors in a single day [1] - The second-hand housing market also showed signs of recovery, with daily transactions surpassing 500 units, indicating a clear improvement compared to July [1][2] - Sales personnel reported a surge in interest, particularly from buyers looking to upgrade their living conditions, with many clients coming from central districts [1][3] Group 2: Inventory and Demand Dynamics - Current data indicates that 81.4% of new residential inventory in Beijing is located outside the Fifth Ring Road, with nearly 50% of the second-hand market also situated in this area [2] - The policy aims to direct demand towards the outer areas, helping to optimize the market's inventory structure and stabilize overall market sentiment [3] Group 3: Future Outlook - Analysts predict that the new policy will lead to sustained sales momentum in the outer ring market, attracting more buyers and encouraging developers to accelerate project launches [3] - The policy is seen as a strategic move to balance population and industry distribution, alleviating pressure on central urban areas while promoting a more efficient urban layout [3]

中金研究 2025年8月8日，北京市住房和城乡建设委员会、北京住房公积金管理中心发布《关于进一步优化调整本市房地产相关政策的通知》，宣布自2025年8月 9日起，符合条件的居民家庭在五环外购买商品住房不限套数，成年单身人士按照居民家庭执行商品住房限购政策，并对公积金贷款的套数认定、贷款 额度、最低首付比例等进行调整。 点击小程序查看报告原文 北京放开五环外购房套数限制，并加大公积金贷款支持力度。 在本次政策调整前，北京购房套数的限制为京籍家庭全市范围内限购2套、五环外可增购1 套，京籍单身人士与非京籍全市范围内限购1套、五环外可增购1套，其中非京籍购房需连续缴纳社保或个税最低年限为五环内3年、五环外2年。此次限购 调整后的增量空间在于京籍与连续缴纳社保或个税满2年的非京籍在五环外购房套数上限取消，以及京籍单身人士在五环内的限购套数由1套增至2套。本 次政策调整还加大了公积金贷款支持力度，将北京无房且在全国范围内使用过1次公积金贷款并已结清的也认定为首套，公积金贷款的二套最低首付比例 五环内由35%降至30%、二套最高贷款额度由60万元增至100万元，每缴存一年可贷额度由10万元增至15万元。 本次北京政策调整 ...

Core Viewpoint - Beijing has announced new housing policies aimed at optimizing housing purchase restrictions and enhancing housing provident fund support, which are expected to benefit families with separated households and improve overall market conditions in the third quarter [1][2][10]. Housing Purchase Policy Adjustments - The new policy allows eligible families to purchase an unlimited number of properties outside the Fifth Ring Road in Beijing, including both new and second-hand homes [3][4]. - The existing purchase limits for properties within the Fifth Ring Road remain unchanged, with local residents allowed to buy up to two properties and non-local residents with three years of social insurance or tax payments allowed to buy one [3][4]. Housing Provident Fund Support Enhancements - The policy expands the scope of first-home provident fund loans, allowing applicants with one cleared loan record nationwide to be classified as first-time buyers, potentially reducing down payments by up to 600,000 yuan and monthly payments by 253 yuan [4][5]. - The maximum loan limit for second-home provident fund loans has been increased from 600,000 yuan to 1,000,000 yuan, with additional benefits for families meeting specific criteria [4][5]. - The annual loan limit per year of provident fund contribution has been raised from 100,000 yuan to 150,000 yuan, reducing the time required for borrowers to qualify for loans [5]. - The policy allows for simultaneous withdrawal of provident fund for down payments and loan applications, streamlining the purchasing process for new homes [6]. Market Impact and Trends - The adjustments are expected to cater to the growing demand for diverse housing needs, particularly for families with separated households, as the market shifts from rigid demand to more varied improvement needs [8][9]. - The new policies are anticipated to sustain the positive market trends observed in the first half of the year, with significant increases in both second-hand and new home transactions [10].

Core Viewpoint - Beijing's new housing policy aims to optimize housing purchase restrictions and enhance housing provident fund support, particularly benefiting families with separated households and improving overall housing affordability [1][2][3]. Group 1: Housing Purchase Policy Adjustments - The new policy allows eligible families to purchase an unlimited number of properties outside the Fifth Ring Road in Beijing, effective from August 9 [3]. - The existing purchase limits for properties within the Fifth Ring Road remain unchanged, with local residents allowed to buy up to two properties and non-local residents with three years of social insurance or tax payments allowed to buy one [3][6]. - The policy aims to guide demand towards the outer areas of Beijing, optimizing market inventory structure while maintaining basic purchase eligibility criteria [6][7]. Group 2: Housing Provident Fund Support Enhancements - The policy expands the scope of first-home provident fund loans, allowing borrowers with a cleared loan record nationwide to be recognized as first-time buyers, potentially reducing down payment by up to 600,000 yuan and monthly payments by 253 yuan [3][4]. - The maximum loan limit for second-home provident fund loans is increased from 600,000 yuan to 1,000,000 yuan, with additional benefits for families meeting specific criteria [4]. - The annual loan limit per year of provident fund contribution is raised from 100,000 yuan to 150,000 yuan, significantly reducing the time required for borrowers to qualify for loans [4]. - The policy allows for simultaneous withdrawal of provident fund for down payments while applying for loans, easing the financial burden on first-time buyers [4][7]. Group 3: Market Impact and Trends - The new policy is expected to sustain the positive market trends observed in the first half of the year, with a notable increase in second-hand and new home transactions [8]. - The housing market has shown signs of stabilization, with second-hand home transactions increasing by 18.4% and new home sales by 24.4% year-on-year [8].

Core Points - Beijing's housing policy adjustments have been officially implemented, allowing eligible residents to purchase an unlimited number of properties outside the Fifth Ring Road [2] - The policy maintains existing restrictions for purchasing properties within the Fifth Ring Road, with local residents allowed to buy up to two properties and non-local residents allowed to buy one [2] - The adjustments also include increased support for housing provident funds, expanding the scope for first-time homebuyers and enhancing loan limits for second homes [3] Group 1 - Eligible families can now purchase an unlimited number of properties outside the Fifth Ring Road, including both new and second-hand homes [2] - The policy for purchasing properties within the Fifth Ring Road remains unchanged, with specific limits for local and non-local residents [2] - The housing provident fund support has been enhanced, allowing borrowers with a cleared loan record to be recognized as first-time buyers [3] Group 2 - The maximum loan limit for second homes has been increased from 600,000 yuan to 1 million yuan, with potential additional increases based on specific conditions [3] - The minimum down payment for second home loans has been standardized to 30%, regardless of location [3] - The loan amount available per year of provident fund contribution has been raised from 100,000 yuan to 150,000 yuan, significantly reducing the time required for borrowers to qualify for larger loans [3]

Core Viewpoint - Beijing's new housing policy aims to optimize housing purchase restrictions and enhance housing provident fund support, particularly benefiting families with separated households and improving housing affordability [1][2][3]. Group 1: Housing Purchase Policy Adjustments - The new policy allows eligible families to purchase an unlimited number of properties outside the Fifth Ring Road in Beijing, including both new and second-hand homes [5][10]. - The existing purchase limits for properties within the Fifth Ring Road remain unchanged, with local residents allowed to buy up to two properties and non-local residents with a minimum of three years of social insurance or income tax payments allowed to buy one [5][10]. Group 2: Housing Provident Fund Support Enhancements - The policy expands the scope of first-home provident fund loans, allowing applicants with one cleared loan record nationwide to be classified as first-time buyers, potentially reducing down payment by up to 600,000 yuan and monthly payments by up to 253 yuan [7]. - The maximum loan limit for second-home provident fund loans is increased from 600,000 yuan to 1,000,000 yuan, with additional benefits for families meeting specific criteria, allowing for a total loan of up to 1,400,000 yuan [7]. - The annual loan limit per year of provident fund contribution is raised from 100,000 yuan to 150,000 yuan, reducing the required contribution period for a 1,200,000 yuan loan from over 11 years to about 7 years [8]. - The policy allows for simultaneous withdrawal of provident fund for down payments while applying for loans, easing the financial burden on homebuyers [8]. Group 3: Market Impact and Trends - The new policy is expected to support the ongoing positive trend in the housing market, with a significant increase in transactions observed in the first half of the year, including an 18.4% increase in second-hand home registrations and a 24.4% increase in new home sales [12]. - The adjustments are seen as necessary due to the shift in housing demand from rigid needs to more diverse improvement needs, particularly benefiting families with separated households [10][11].

Core Viewpoint - The Beijing Municipal Housing and Urban-Rural Development Committee and the Beijing Housing Provident Fund Management Center issued a notification to optimize and adjust real estate policies, effective from August 9, 2025, allowing more flexibility in housing purchases for eligible residents [1] Group 1: Housing Purchase Policies - The notification optimizes housing purchase restrictions, allowing eligible residents (including local and certain non-local families) to purchase an unlimited number of properties outside the Fifth Ring Road [1] - Single adults are subject to the same purchase restrictions as resident families when buying properties [2] Group 2: Housing Provident Fund Support - The notification expands the scope of first-home provident fund loans, reclassifying certain borrowers with previous loan records from second-home to first-home status, potentially reducing down payments by up to 600,000 yuan and monthly payments by 253 yuan for a 4 million yuan property [3] - The maximum loan amount for second-home provident fund loans is increased from 600,000 yuan to 1 million yuan, with additional loan increases available under specific conditions, allowing for a maximum loan of 1.4 million yuan [3] - The minimum down payment ratio for second-home loans is standardized to 30%, regardless of location within or outside the Fifth Ring Road [3] Group 3: Loan Application Process - The notification increases the loan amount available per year of provident fund contribution from 100,000 yuan to 150,000 yuan, reducing the required contribution period for a 1.2 million yuan loan from over 11 years to just over 7 years [4] - Borrowers can now withdraw provident fund for down payments while simultaneously applying for loans, streamlining the purchasing process for new homes [4]

出品｜搜狐财经 作者｜王泽红 8月8日，北京市住房和城乡建设委员会、北京住房公积金管理中心联合印发《关于进一步优化调整本市房地产 相关政策的通知》（以下简称《通知》），自8月9日起施行。 《通知》明确，符合北京市商品住房购买条件的居民家庭，购买五环外商品住房（含新建商品住房和二手住 房）不限套数。即：京籍居民家庭、在本市连续缴纳社会保险或个人所得税满2年及以上的非京籍居民家庭， 购买五环外商品住房不限套数。同时，《通知》明确，对成年单身人士在本市购买商品住房的，按照居民家庭 执行限购政策。 居民家庭购买五环内商品住房的政策不变，京籍居民家庭五环内限购2套，在本市连续缴纳社会保险或个人所 得税满3年及以上的非京籍居民家庭五环内限购1套。 此外，《通知》从四方面加大了住房公积金支持力度： 四是落实《北京市深化改革提振消费专项行动方案》，支持缴存人在提取公积金支付购房首付款的同时申请公 积金贷款。目前，缴存职工购买本市新建住房且已签订购房合同的，可通过提供网签合同编号提取住房公积金 支付购房首付款，同时申请公积金贷款。 一是扩大首套房公积金贷款支持范围，对借款申请人（含共同申请人，下同）在本市无住房但全国范围内有1 ...

Core Viewpoint - The recent notification from Beijing's housing authorities aims to optimize and adjust real estate policies, particularly focusing on the purchasing conditions for residential properties in the city, effective from August 9, 2025 [1] Policy Adjustments - Residents meeting the criteria can purchase an unlimited number of properties outside the Fifth Ring Road, including both new and second-hand homes [1] - The maximum loan amount for housing provident fund contributions has increased from 100,000 yuan to 150,000 yuan for each year of contribution, and the maximum loan for a second home has risen from 600,000 yuan to 1,000,000 yuan [1] - The minimum down payment for a second home has been standardized to no less than 30%, eliminating the distinction between properties inside and outside the Fifth Ring Road [1] Eligibility Criteria - Beijing residents and non-Beijing residents who have paid social insurance or individual income tax for at least two years are eligible to purchase unlimited properties outside the Fifth Ring Road [1] - Single adults purchasing properties in the city will be subject to the same purchasing restrictions as family units [1] Existing Policies - The purchasing policies for properties within the Fifth Ring Road remain unchanged, with Beijing residents limited to two properties and non-Beijing residents with three years of social insurance or tax payments limited to one property [1]