Core Insights - The "Six Policies" implemented in Shanghai starting August 26 represents the first optimization of real estate market policies this year, allowing families meeting certain criteria to purchase unlimited properties outside the outer ring, and single adults to follow the same housing purchase restrictions as resident families [1][10] - The new policies have led to a significant increase in inquiries from both landlords and potential buyers, with a doubling in the number of appointments for property viewings [1] New Housing Market Dynamics - The new policy has resulted in a surge in sales, exemplified by the Poly Haishangyin project, which sold all 168 units on its opening day, following previous successful sales in earlier phases [2][4] - The Xiangyu Tianchen Yasu project also experienced strong demand, with approximately 300 out of 368 units sold across four phases, achieving an 80% sales rate [4] Buyer Behavior and Market Response - Buyers are responding positively to the new policies, with many previously hesitant individuals now actively seeking properties, as seen in the case of a buyer who reduced her down payment significantly due to the new regulations [6][10] - The policy changes have particularly benefited families looking to purchase multiple properties, as they are no longer restricted by previous limits, leading to increased activity in the outer ring market [10] Market Outlook - The new policies are expected to accelerate the sales of new homes in the outer ring, particularly for families looking for retirement or vacation properties, while also stabilizing second-hand home prices [10] - The Shanghai Lianjia Research Institute indicates that the removal of purchase limits outside the outer ring will effectively meet the housing needs of single individuals and new residents, enhancing market activity [10]