On June 1, the Qingdao Housing and Urban-Rural Construction Bureau, the Qingdao Central Branch of the People's Bank of China and the Qingdao Regulatory Bureau of the China Banking and Insurance Regulatory Commission jointly issued the Notice on Promoting the Steady and Healthy Development of the Real Estate Market. Qingdao has adjusted the down payment ratio of house purchases in non-restricted areas, as well as the conditions for restricted sales, and has also proposed the implementation of the "fresh sale" model and the development of various groups (groups) of purchases.
Zhongzhi Research Institute analyst pointed out. "Qingdao takes measures according to the city, plays a combination of new policies in the real estate market, and actively supports rigid and improved housing demand, with the aim of promoting the healthy development of the real estate market.". It will also help ease inventory pressure, further boost market confidence and promote the recovery of the property market.
In addition to reducing the down payment ratio and relaxing the restrictions on sales, optimizing the provident fund has also been included in the policy adjustment of the property market in various regions. On June 1, the Suzhou Housing Provident Fund Management Center reported that the balance of the housing provident fund could be withdrawn as a down payment without affecting the amount of subsequent provident fund loans.
Yan Yuejin believes that the policy of withdrawing provident fund to pay down payment in Suzhou is very strong, which is not a simple policy adjustment at the level of provident fund, or is related to the orientation of stable real estate transactions in Suzhou. This time, Suzhou clearly does not affect the loan quota, making this kind of provident fund loan policy more applicable. The policy of Suzhou Provident Fund is of vane significance, which shows that there is a very good consensus on the revitalization of the Provident Fund and the promotion of active housing transactions, and it will also become the policy content actively promoted by all parts of the country in June.