Core Viewpoint - Shenzhen has announced significant adjustments to its housing purchase restrictions, following similar moves by Beijing and Shanghai, indicating a broader trend of policy relaxation in major cities to stimulate the real estate market [1][4][18]. Policy Adjustments - From September 6, 2025, residents with Shenzhen household registration and non-residents with over one year of social insurance can purchase an unlimited number of homes in specific districts, while non-residents without social insurance are limited to two homes in designated areas [1][5][10]. - The areas with relaxed restrictions include Luohu, Bao'an (excluding Xin'an Street), Longgang, Longhua, Pingshan, and Guangming, while Yantian and Dapeng New District have no purchase limits [6][10]. Comparison with Other Cities - Compared to Beijing and Shanghai, Shenzhen's relaxation of purchase restrictions is more extensive, with a narrower focus on limited areas and lower social insurance requirements [2][13]. - In Beijing, restrictions remain for those without social insurance, while Shanghai has similar limitations, whereas Shenzhen allows non-residents without social insurance to purchase homes in several districts [13][14]. Market Impact - The collective easing of restrictions in major cities is expected to boost market confidence and potentially lead to a recovery in housing transactions during the "Golden September and Silver October" period [4][18]. - Historical data suggests that previous policy relaxations in 2024 led to increased transaction volumes in both new and second-hand housing markets, indicating a positive correlation between policy adjustments and market activity [3][15][18]. Future Outlook - The ongoing policy changes are anticipated to enhance market sentiment, particularly in core first- and second-tier cities, while other cities may experience a slower recovery [20]. - The upcoming months are expected to see an increase in housing supply and marketing efforts, which may contribute to a gradual recovery in overall transaction volumes, albeit with limited growth due to existing consumer confidence issues [20].

| 交易编号 | 项目名称 | 位置 | 用地性同 | 用 跑 规模 | 地上建筑规模 | 开发 | 预申请保证 | 交易良始价 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | | | (平方米) | (万平方米) | 程度 | 金(万元) | (万元) | | 京土衛预 (川河) | 北京市顺义区薛大人庄村 剩余1、2 号地块土地一级 | 顺义区 | 070102 二 | | | 七週 | | 103000 | | | | | 买城 电任 | 23000. 1 | 36800. 2 | | 1000 | | | (2025) | 开发项目 SY00-0025-6017 | 天堂镇 | 字用地 | | | -- gr | | | | 027 号 | 地块二类城镇住宅用地 | | | | | | | | 地块交易编号为京土储预（顺）〔2025〕027号，位于顺义区天竺镇，为一宗中小体量的低密宅地，地块容积 率仅有1.6，总规划建面3.7万平方米，起拍总价10.3亿元。8月26日由懋源地产以10.3亿元的底价竞得。 2020年以来地块 ...

2025.08. 25 本文字数：3350，阅读时长大约5分钟 作者 | 第一财经 马一凡、郑娜 伴随上海发布限购"松绑"等楼市新政，包含万科A（000002.SZ）在内的房地产上市公司8月25日集 体飘红。 上海市住房和城乡建设管理委、市房屋管理局等六部门当天联合印发了《关于优化调整本市房地产政 策措施的通知》（下称"沪六条"），涉及住房限购、公积金、住房信贷、住房税收等六项调整。新政 自2025年8月26日起施行。 一周前（8月18日）召开的国务院第九次全体会议要求，采取有力措施巩固房地产市场止跌回稳态 势，结合城市更新推进城中村和危旧房改造，多管齐下释放改善性需求。 上海易居房地产研究院副院长严跃进对第一财经记者表示，2010年出台的楼市限购令正在逐步淡 出，但无论是北京还是上海，对居民购房资格仍有一定的社保要求，说明当前政策依然服务于在当地 工作及居住生活群体的合理购房需求。 截至目前，四个一线城市中，广州已全面取消限购，北京、上海、深圳也都在不断对限购政策进行松 绑。接受第一财经记者采访的不少业内人士都认为，有了新政的加持，楼市"金九银十"成色可期。 单身人士购房资格等同于家庭 "沪六条"的出台，对 ...

Core Viewpoint - Chengdu is implementing a phased relaxation of housing purchase restrictions, starting with suburban areas to test the market and attract talent, while managing potential price surges [3][4]. Group 1: Policy Implementation - The policy does not specify which districts will be the first to relax restrictions, but it is likely to start with suburban areas like Shuangliu, Longquanyi, and Xindu [3]. - The strategy aims to alleviate high inventory in suburban areas and avoid drastic price increases in more central districts [3]. - The relaxation of restrictions is seen as a way to retain young talent, especially in comparison to cities like Hangzhou, which have more lenient requirements [3]. Group 2: Target Audience Opportunities - First-time homebuyers can enter the market with a down payment of 300,000 yuan, but should avoid properties lacking essential amenities [4]. - Upgraders can benefit from more flexible loan and qualification processes, allowing them to buy new homes before selling their old ones, but should focus on properties with established infrastructure [5]. - Investors are advised to be cautious, focusing on areas with industrial development and good transportation links, while avoiding regions with low population density [6]. Group 3: Future Policy Developments - There are indications that mortgage rates may decrease, potentially lowering the current rate of 3.6% to around 3.5% [7]. - The loan limits for public housing funds may increase, reducing the financial burden on homebuyers [7]. - Developers are warned against raising prices abruptly, as the government is committed to stabilizing housing prices [7].