Policy Adjustments Spark Recovery in China’s Real Estate Market
In 2024, policy adjustments by the Chinese mainland’s government sparked a recovery in the real estate market, balancing supply and demand and stabilizing housing prices.
News & Insights Across Asia
In 2024, policy adjustments by the Chinese mainland’s government sparked a recovery in the real estate market, balancing supply and demand and stabilizing housing prices.
China’s Ministry of Housing and Urban-Rural Development announces plans to stabilize and prevent further decline in the property market in 2025.
Starting December 1, Beijing and Shanghai will reduce transaction taxes on larger homes to stimulate the property market, eliminating the “ordinary” and “non-ordinary” housing distinction.
China’s real estate market is stabilizing as new government policies boost transaction volumes and developer confidence, signaling a positive shift after earlier challenges in the sector.
Chinese Vice Premier He Lifeng has urged an expansion of the property support mechanism, emphasizing timely home deliveries and increased financial support to stabilize the housing market and bolster the economy.
China’s central bank announces a significant cut in mortgage rates for existing home loans, aiming to boost the housing market and ease financial pressure on homeowners.
China’s central bank has introduced significant monetary policy adjustments to boost economic growth and stabilize the housing market, including interest rate cuts and reduced down payments for second homes.
China announces historic real estate policies aimed at boosting the housing market and fostering sustainable industry growth, including reduced down payments and lower mortgage rates.
China’s central bank reduces mortgage interest rates to boost the housing market and support economic growth, making home ownership more accessible and stimulating investment.
Hangzhou has lifted all restrictions on new housing purchases, allowing more individuals to buy property and apply for permanent residence, in a move aimed at stimulating economic growth.
Chinese Premier Li Qiang urges refinement of real estate policies to boost the housing market, emphasizing systematic support and the delivery of housing projects.
The National Association of Realtors settles a $418 million lawsuit alleging inflated commissions, signaling significant changes for the U.S. real estate market.
China introduces targeted measures to stabilize its real estate sector amid challenges of debt, weak demand, and falling prices, aiming to promote healthy development and meet residents’ housing needs.