炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ | 时间 | 政策 政策内容 | | --- | --- | | 2025/12/11 | 着力稳定房地产市场，因城施策控增量、去库存、优供给,鼓励收购存量商品房重点用于保障性住房等。深化住房公积金 中央经济工作会议 | | | 制度改革,有序推动"好房子"建设。加快构建房地产发展新模式。 | | 2025/12/24 | 1）非京籍购房需缴纳的社保或个税最低年限调整为五环内2年、五环外1年。 北京调整限购、限贷、公积金政策 | | | 2) 多孩家庭五坏内可多购买1套。 | | | 3)利率定价机制安排方面不再区分首、二套,合理确定每笔商贷具体利率水平。 | | | 4）公积金贷款购买二套住房的,最低首付款比例不低于25%。 | | | 0005×- | | | 的公告》 的,免征增值税。 | | 2026/1/2 | 房地产业是国民经济的重要产业和居民财富的重要来源，在国民经济发展中的地位举足轻重...在各项政策支持下, 当前房 《求是:改善和稳定房地产市场预期》 | | | 地产市场总体稳定,但也有一些城市房地产市场在止跌回稳过程 ...

Core Viewpoint - The article discusses the recent policy changes in urban renewal and housing stock management, emphasizing the importance of these measures in addressing the real estate market's challenges and the need for financing support to enhance the feasibility of housing stock acquisition [2][3]. Group 1: Policy Changes - The joint notification from the Ministry of Natural Resources and the Ministry of Housing and Urban-Rural Development introduces measures to support urban renewal, including a transitional policy allowing for a maximum five-year period where original planning conditions remain unchanged [2]. - The policy aims to enhance the feasibility of acquiring existing housing stock by potentially increasing acquisition prices, addressing previous pricing discrepancies between acquisition and market prices [2]. Group 2: Market Dynamics - Since the second half of 2025, the transaction volume of both new and second-hand homes has stabilized at a low level, with a notable decrease in the supply of new land and a reduction in the number of listings in high-tier cities [3]. - The article suggests that the upcoming period post-Spring Festival will be crucial for monitoring changes in natural inventory, which is vital for predicting future housing price trends [3]. Group 3: Investment Opportunities - Given the recent increase in real estate policies, there is a recommendation to raise attention towards the real estate sector, particularly in light of the positive changes in supply dynamics and the implementation of housing stock acquisition policies [3].