Core Viewpoint - Chengdu's government has introduced measures to promote the stable and healthy development of the real estate market, including the phased cancellation of housing sales restrictions and adjustments to housing loan policies [1][10]. Group 1: Policy Changes - The notification outlines a phased cancellation of housing sales restrictions, allowing properties purchased before October 14, 2024, to be traded after obtaining property certificates starting from July 21, 2025 [5]. - The minimum down payment for second homes using housing provident funds has been reduced from 30% to 20% [9]. - The notification encourages local districts to implement direct subsidies for home purchases and optimize existing real estate support policies [4]. Group 2: Market Development Strategies - The government aims to promote balanced regional development in the real estate market, encouraging districts to adopt effective measures based on their unique characteristics [3]. - There is a focus on enhancing the quality of housing supply and meeting diverse housing demands, with an emphasis on high-quality housing development around transportation hubs [3][10]. - The notification also includes plans for urban renewal, emphasizing the renovation of old buildings and the use of "housing vouchers" for resettlement [6][10]. Group 3: Land and Construction Management - The policy specifies the management of idle land, promoting the orderly development of existing land resources and ensuring a supply of 13,000 acres of commercial construction land by 2025 [7]. - A mechanism linking commercial building vacancy rates to new commercial land supply will be established to promote supply-demand balance [8]. Group 4: Financial Support and Accessibility - The housing provident fund loan calculation will be optimized, linking loan amounts to the deposit balance, with a proposed calculation of 25 times the balance [9]. - Adjustments to housing provident fund policies aim to reduce barriers for flexible employment individuals, including lowering the required contribution duration from 12 months to 6 months [9].