Core Viewpoint - Wuxi has followed Nanjing in canceling housing purchase restrictions, aiming to stimulate market activity and promote housing consumption through a series of new policies [1][2][5] Policy Measures - The new policies include the complete cancellation of purchase restrictions, allowing properties to be traded immediately after obtaining property rights certificates [2][5] - Increased public housing fund support for high-quality residential loans to meet diverse housing improvement needs [2][3] - Extension of housing purchase subsidy policies, including tax rebates for families selling old homes to buy new ones, with a maximum subsidy of 50,000 yuan [3][5] Support for Specific Demographics - Special subsidies for multi-child families purchasing new homes, providing a one-time subsidy of 30,000 yuan [3][4] - Financial institutions are encouraged to offer tailored housing finance products for young people, featuring low down payments, low interest rates, and flexible terms [4][6] Market Implications - The cancellation of purchase restrictions is expected to enhance housing circulation and support demand for improved housing [1][5] - The suspension of price registration for new homes allows developers to set prices based on market conditions, potentially improving market responsiveness [5][6] - Other cities are likely to follow Wuxi's lead in adjusting restrictive measures, particularly in Jiangsu province [5][6]