No Data
The Ministry of Finance of the country: support more ways to raise affordable housing through digestion of existing housing inventory.
The Ministry of Finance of the country issued a notice regarding the advance allocation of budgeted subsidies for the central finance town guarantee housing project in 2025. Provincial competent authorities should report the regional performance targets confirmed by the provincial finance department to the central competent authority within 60 days of fund allocation, following procedures, and also copy the local financial supervision bureau of the Ministry of Finance. When determining the regional performance targets, it should combine the real estate market situation and the actual demand for affordable housing projects, coordinate the consideration of existing and incremental resources, and support the collection of affordable housing through the digestion of existing housing units.
Express News | The central bank: actively support the acquisition of existing commodity houses for affordable housing, support the activation of idle land reserves.
Express News | Lan Foan: The relevant tax policies supporting the healthy development of the real estate market have been approved according to procedures and will be launched soon.
Express News | China's central bank: At the end of the third quarter of 2024, the balance of renminbi real estate development loans was 13.79 trillion yuan, an increase of 2.7% year-on-year.
First-time home loan interest rates in cities such as Hangzhou, Nanjing, and Suzhou have returned to the "3" level. The interest rate for provident fund loans may be even further reduced due to inversion.
Hangzhou, Nanjing, Suzhou and other places have successively adjusted mortgage interest rates. Industry insiders believe that in the current stabilization trend of the real estate market, cities raising the lower limit of mortgage interest rates have a certain significance as an indicator.
Express News | China Resources Group signed a total contract amount of 1.515 billion US dollars at the import expo.
No Data
No Data
No Data