证券时报记者梳理发现，9月25日至10月1日，广东东莞和广州、湖南邵阳、吉林长春、湖南长沙宁乡 市、安徽合肥、湖北武汉、重庆等多地出台楼市新政。 中指研究院的数据显示，国庆中秋假期期间，楼市整体表现较为平淡，北京、上海、深圳等城市新房网 签面积同比实现增长。 业内人士指出，上半年多家头部房企在核心城市获取了较多优质地块，这些地块有望在四季度逐步入 市，新增供应有望对核心城市新房销售形成一定支撑，预计"银十"市场将延续分化态势。 多地密集出台楼市新政 证券时报记者梳理发现，9月25日至10月1日，广东东莞和广州、湖南邵阳、吉林长春、湖南长沙宁乡 市、安徽合肥、湖北武汉、重庆等多地出台楼市新政。 从已出台政策内容来看，多地住房公积金支持力度较大。其中，广州优化公积金提取政策，缴存人及其 配偶购买广州市行政区域内现售商品住房、存量商品住房、配售型保障性住房或者共有产权住房，可申 请提取住房公积金用于支付购房首付款；缴存人及其配偶在广州市行政区域内为其拥有所有权的住宅实 施老旧电梯更新改造，可申请提取住房公积金用于支付家庭分摊费用。东莞优化首套房认定标准，并将 首套房、二套房公积金最高贷款额度统一提高至150万元，购 ...

Core Viewpoint - Various local governments are implementing housing purchase subsidy policies to stimulate demand during the "Golden September and Silver October" period, with significant financial incentives for homebuyers [1][2][5] Group 1: Subsidy Policies Overview - Approximately 20 cities and districts, including Chongqing, Jilin Changchun, and Sichuan Guangyuan, have introduced housing purchase subsidies since September [1][2] - Guangyuan offers substantial subsidies, with up to 800 yuan per square meter and a maximum of 120,000 yuan per unit for families with multiple children [3][6] - Cash subsidies are the most common, typically ranging from 10,000 to 50,000 yuan per unit, with some cities offering subsidies based on area or total purchase price [2][6] Group 2: Specific Regional Initiatives - In Guangxi, a subsidy program from September 15 to October 31 provides 10,000 yuan for first or second home purchases and 1,000 yuan for parking spaces, with a total budget of 120 million yuan [2][6] - Henan has announced support for families purchasing new homes from September 1 to December 31, with potential subsidies up to 20,000 yuan per unit [2][6] - Jilin Changchun is offering a 15,000 yuan consumer voucher for one-time payments and additional developer discounts, with total discounts reaching up to 150,000 yuan per unit [4][6] Group 3: Targeted Marketing Strategies - Innovative marketing strategies include targeted "packages" for specific buyer groups, such as Shenzhen's promotional events in Northeast cities to attract buyers [5][6] - Guangdong's Zhongshan is incentivizing referrals from Hong Kong and Macau residents, offering up to 3% cash rewards for successful recommendations [5][6] - The real estate market is expected to see increased activity in the fourth quarter, with more cities likely to follow suit with similar policies [5][6]

Core Viewpoint - Dongguan has introduced significant real estate policies aimed at boosting market confidence and stimulating housing demand through financial incentives and support measures [1][2][4]. Demand-Side Measures - The new policy includes a temporary housing subsidy of 2% of the total purchase price, capped at 30,000 yuan, for buyers of newly built homes who complete contracts and pay taxes by March 31, 2026 [1][2]. - The maximum loan amount for first and second homes has been raised to 1.5 million yuan, with additional support for those purchasing affordable housing [2][3]. - The criteria for identifying first-time homebuyers have been adjusted to focus on the specific area of the property rather than the entire city [2]. Supply-Side Measures - Dongguan has implemented a mechanism to regulate land supply based on the inventory turnover of newly built homes, pausing new land sales for residential properties with a turnover period exceeding 36 months [2][4]. - The policy aims to reduce the supply of new homes to alleviate the supply-demand imbalance and stabilize market expectations [3]. Market Context - The backdrop for these new policies is a sluggish real estate market, with a 55% decrease in new residential supply and a 12% drop in transactions in August 2023 compared to the previous month [4]. - The average price of second-hand homes fell to 13,400 yuan per square meter, marking a 3% decline and indicating ongoing price pressures in the market [4]. Broader Trends - Other regions in China, such as Henan and Guangxi, are also implementing similar housing subsidies to stimulate market activity, reflecting a nationwide trend to support the real estate sector [5][6]. - The effectiveness of these subsidies is seen as potentially short-term and localized, with long-term market stability dependent on broader economic factors [6].

Core Viewpoint - Dongguan has introduced significant real estate policies aimed at boosting market confidence and stimulating housing demand through financial incentives and support measures [2][4][7]. Demand-Side Measures - The new policy includes a purchase subsidy of 2% of the total contract price for new homes, capped at 30,000 yuan, for buyers who complete contracts and pay taxes by March 31, 2026 [2][4]. - The maximum loan amount for first and second homes has been raised to 1.5 million yuan, with a 50% increase in loan limits for those purchasing affordable housing [4][5]. - The criteria for identifying first-time homebuyers have been adjusted to focus on the specific town or district of the property rather than the entire city [4]. Supply-Side Measures - Dongguan has implemented a mechanism to regulate land supply based on the inventory and absorption rates of new homes, pausing new land sales for areas with a supply cycle exceeding 36 months [4][5]. - The policy aims to reduce new housing supply to alleviate the supply-demand imbalance and stabilize market expectations [5][7]. Market Context - The backdrop for these policies is a sluggish real estate market, with a 55% decrease in new residential supply and a 12% drop in sales volume in August 2023 compared to the previous month [7]. - The average price of second-hand homes fell to 13,400 yuan per square meter, marking a 3% decline and the lowest monthly average in five years [7]. Broader Trends - Other regions in China, such as Henan and Guangxi, are also implementing similar purchase subsidies to stimulate housing demand, indicating a nationwide trend to support the real estate market [9][10]. - The effectiveness of these subsidies is seen as potentially short-term and localized, with long-term market stability dependent on broader economic factors [10].

Core Viewpoint - Dongguan has introduced significant real estate policies aimed at boosting market confidence through various measures, including home purchase subsidies and increased housing provident fund support [1][3]. Demand-Side Measures - The new policy includes a temporary home purchase subsidy of 2% of the total contract price, capped at 30,000 yuan, for buyers of newly built commercial housing who complete contracts and pay taxes by March 31, 2026 [1][3]. - The maximum loan amount for first and second homes has been raised to 1.5 million yuan, with a 50% increase in loan limits for those purchasing designated affordable housing [3][4]. - The criteria for recognizing first-time homebuyers have been adjusted to focus on the location of the purchased property rather than the entire city [3]. Supply-Side Measures - Dongguan has implemented a mechanism to adjust land supply based on the inventory and absorption rates of new commercial housing, pausing new land sales for residential and commercial properties if the absorption period exceeds 36 months [4][6]. - The aim is to reduce new housing supply to alleviate inventory pressure and stabilize market expectations [4]. Market Context - The backdrop for these policies is a sluggish real estate market, with a 55% decrease in new residential supply and a 12% drop in residential transactions in August 2023 compared to the previous month [6]. - The average price of second-hand homes fell to 13,400 yuan per square meter, marking a 3% decline and the lowest monthly average in five years [6]. Broader Trends - Other regions in China, such as Henan and Fujian, are also implementing similar home purchase subsidies to stimulate the real estate market, indicating a nationwide trend to support housing demand [8][9]. - The effectiveness of these subsidies is seen as potentially short-term and localized, with long-term market stability dependent on broader economic factors [9].

Core Viewpoint - Dongguan has introduced significant real estate policies aimed at boosting market confidence and stimulating housing demand through various measures, including cash subsidies for homebuyers [2][5] Group 1: Policy Measures - The new policy includes a cash subsidy of 2% of the total purchase price, capped at 30,000 yuan, for homebuyers who sign contracts between September 25, 2025, and December 31, 2025, and pay the deed tax by March 31, 2026 [2] - Dongguan has increased the maximum loan amount for first and second homes to 1.5 million yuan and raised the loan limit for those purchasing affordable housing by 50% [3] - The city has adjusted the criteria for recognizing first-time homebuyers, changing the review scope from the entire city to the specific town or district where the property is located [3] Group 2: Market Context - The real estate market in Dongguan has shown weak performance, with new residential supply dropping by 55% in August and transaction volumes hitting a near-term low [5] - The average price for second-hand homes fell to 13,400 yuan per square meter, marking a 3% decrease from the previous month, indicating ongoing price declines in the market [5] - The overall market sentiment remains cautious, with many potential buyers waiting for promotional offers, which has contributed to a subdued market atmosphere [5] Group 3: Broader Trends - Other regions in China, such as Henan and Guangxi, are also implementing similar cash subsidy programs to stabilize their real estate markets, reflecting a nationwide trend to support housing demand [6][7] - The introduction of cash subsidies is seen as a way to stimulate demand in second and third-tier cities where the real estate market is underperforming [7] - Industry analysts suggest that while cash subsidies can provide short-term boosts to market activity, long-term stability will depend on broader factors such as price stabilization and improved supply-demand dynamics [7]

Demand-Side Measures - Dongguan has implemented a temporary housing subsidy, providing a 2% subsidy on the total price of new homes for eligible buyers, capped at 30,000 yuan [1] - The criteria for identifying first-time homebuyers have been optimized, expanding the coverage of loan benefits by adjusting the review scope to the locality of the purchased property [1] - The maximum loan amount for both first and second homes has been increased to 1.5 million yuan, with an additional 50% increase for those purchasing designated affordable housing [1] Supply-Side Measures - The land supply adjustment mechanism has been refined, with new residential land sales being paused if the inventory turnover period exceeds 36 months [2] - Support for the conversion of existing commercial office spaces has been introduced, simplifying the process for functional transformation [2] - Administrative approval services for real estate projects have been optimized to stimulate market activity and reduce financing costs for enterprises [2] Market Context - Recent data indicates a continued decline in the transaction volume of new homes in Dongguan, while the second-hand housing market shows signs of recovery compared to last year [2] - The average transaction price for new homes has dropped to 21,708 yuan per square meter, reaching a low point in recent years [2] - Industry experts suggest that Dongguan's new policies may be influenced by recent housing policy changes in Shenzhen, which could lead to increased competition for housing demand in surrounding cities [3]

Core Viewpoint - The Guangxi government is launching a subsidy program for purchasing new residential properties to stimulate consumption, stabilize the market, and benefit the public, running from September 15 to October 31, with a total subsidy amount of 120 million yuan [1] Summary by Categories Subsidy Details - The total subsidy amount for the program is 120 million yuan [1] - Two categories of eligible buyers: 1. Buyers of the first or second new residential property in Guangxi can receive a subsidy of 10,000 yuan per property 2. Buyers of new residential parking spaces can receive a subsidy of 1,000 yuan per space [1][1] - If there are two or more buyers, one buyer can apply for the subsidy [1] Application Process - Buyers can submit their application materials online through the Yunshangfu App [1] - On-site consultation services are available at the housing and urban-rural development service windows in various cities, counties, and districts [1] - Telephone consultation services are provided by the Guangxi Housing and Urban-Rural Development Department and local housing departments [1] Program Conditions - The subsidy program operates on a "first-come, first-served" basis, and will end once the funds are exhausted [1] - If the subsidy funds are used up before the end date, the program will be terminated immediately, with announcements made through official channels [1]

Core Viewpoint - The 2025 Dalian Autumn Housing Festival aims to stimulate the local real estate market through a series of promotional activities and government policies, enhancing buyer confidence and meeting diverse housing needs [1] Group 1: Event Overview - The housing festival features a "5+7" model with a main venue at the Dalian International Conference Center, showcasing 38 quality properties from five districts and 149 properties in total across various venues [1] - The event runs from September 12 to September 30, 2025, with specific incentives for buyers who sign contracts by October 25 [1] Group 2: Government Policies and Incentives - Buyers purchasing new homes in designated districts can receive a subsidy of 1% of the transaction price after obtaining property ownership certificates, which can be combined with existing subsidy policies [1] - Additional incentives include housing vouchers for graduates, with subsidies of 100,000 yuan for PhD holders, 50,000 yuan for Master's degree holders, and 30,000 yuan for Bachelor's and vocational graduates [1] Group 3: Target Audience and Activities - The festival is particularly friendly to young professionals, featuring night events and entertainment such as concerts and fashion shows to accommodate busy schedules [1] - On-site services include policy consultation areas and organized property tours to facilitate informed purchasing decisions [1]

Core Viewpoint - Multiple regions in China have recently introduced housing support policies to stimulate the real estate market, particularly during the traditional peak sales period of "Golden September and Silver October" [1][5]. Group 1: Policy Initiatives - Henan Province has launched 12 measures to support housing consumption, including increased purchase subsidies, support for multi-child families, and enhanced financial support [2][3]. - The measures include ongoing property exhibitions and a commitment to hold at least 100 housing fairs by the end of 2025 to promote quality housing options [2]. - Zhejiang's Yuhang District has introduced a subsidy of 40,000 yuan for eligible families purchasing new residential properties, along with a 50% subsidy on the actual deed tax for non-residential property purchases [4]. Group 2: Market Impact - The new policies are expected to maintain high market activity in core first- and second-tier cities, with cities like Wuhan, Nanjing, Hefei, and Zhengzhou showing signs of weak recovery as buyer confidence gradually improves [1][5]. - Experts predict that the differentiation between cities and projects will continue, with first-tier cities benefiting from policy adjustments, while second-tier cities may experience a gradual recovery in buyer sentiment [5].