65438 10/5, Urumqi, Xinjiang issued 22 new policies to stabilize real estate, among which the demand-side policies included lowering the lower limit of the interest rate of the first home loan, implementing deed tax subsidies for house purchase, reducing taxes and fees for house purchase, and increasing the loan amount of housing provident fund.
It is found that except Urumqi, since 2023, Lu 'an, Anhui, Xingyang, Henan, Shenzhen, Guangdong and other places have introduced policies and measures to stimulate housing consumption demand. Sun Shougang, executive vice governor of Henan Province, made it clear that restrictive policies that hinder the release of consumer demand during the period of overheating should be cancelled and adjusted.
The industry believes that Urumqi's policy shows that the pace of real estate policy in 2023 is accelerating, and the mentality of speeding up the property market is very obvious. It is expected that more cities will introduce policies to support rigid and improved housing consumption demand.
Urumqi issued 22 new policies to stabilize real estate.
10.5, 65438 WeChat official account, Urumqi Real Estate Bureau WeChat released a message saying that recently, Urumqi Municipal People's Government issued "Twenty-two measures to promote the stable development of real estate industry", which mainly includes six aspects: stimulating the kinetic energy of buying houses, giving full play to the supporting role of provident fund, supporting and meeting the demand for buying houses, promoting guaranteed and fast delivery of houses, encouraging and supporting real estate development, and increasing financial support.
Image source: official account of WeChat of Urumqi Real Estate Bureau
Among them, the measures to stimulate the kinetic energy of buying houses mainly include:
1. Relieve the loan pressure of home buyers. For households who purchase ordinary self-occupied housing by loans, the lower limit of the interest rate of the first commercial personal housing loan is adjusted to not less than the quoted interest rate of the loan market minus 20 basis points in the same period. Notarization fees, assessment fees and mortgage registration fees generated by commercial individual housing loans shall be reduced or exempted. Coordinate and optimize the process of personal housing loan bank face-to-face, data collection, loan approval and warrant handling, and reduce the time limit for loan approval from 10 working days to less than 5 working days.
2. Implement deed tax subsidy for house purchase. In 2023, taxpayers who purchase new commercial housing with an area of130m2 (inclusive) for the first time within the jurisdiction of this Municipality and pay deed tax according to the provisions of the tax law and obtain the deed tax payment certificate issued by the tax authorities will be given a financial subsidy of 50% of the deed tax amount.
3. Individual income tax policy for residents buying houses. During the period of 10, 2022 to 1, 2023, 12, 3 1, taxpayers who sell their own houses and buy houses in the same city again within 1 year after selling their existing houses may apply for refund of their paid personal income tax according to regulations.
The main measures to give full play to the supporting role of provident fund are: increasing the support of housing provident fund. The maximum loan amount of housing provident fund will be increased from 700,000 yuan to 800,000 yuan, and the calculation multiple of the loan amount of housing provident fund borrowers (including * * * borrowers) will be increased from 10 times of the balance of housing provident fund accounts to 15 times. The upper limit of the unit price of housing provident fund loans to purchase new commercial housing is raised from 13600 yuan/square meter to 14960 yuan/square meter. Using housing provident fund loans to buy second-hand houses, the down payment ratio will be reduced from 30% to 20%. Workers who have paid the housing provident fund to buy houses in this city can withdraw 90% of the balance of the housing provident fund account to help their immediate family members (spouses, parents and children) pay for the house purchase after signing the purchase procedures with their parents or children.
In this regard, Yan Yuejin, director of the think tank of Shanghai Yiju Real Estate Research Institute, said that Urumqi was a city hit hard by the epidemic in 2022. The introduction of this policy reflects its emphasis on real estate. There are 22 real estate policies with complete content and clear system, which can be used for reference by other cities in China.
Since this year, the pace of stabilizing the property market has accelerated.
In addition to Urumqi, many places have introduced housing support policies this year.
6543810.5, Shenzhen Housing and Construction Bureau and other six departments jointly issued the Work Plan for Mortgage Transfer of Second-hand Houses. Through the implementation of "sequential mortgage", second-hand housing transfer, "double advance notice registration" and other modes, the business process has been optimized and the second-hand housing transaction has become more efficient and convenient.
65438+1On October 4th, Lu 'an issued a new policy to stabilize the property market, and put forward the 12 policy from three aspects: implementing enterprise assistance measures, supporting reasonable housing demand and improving financial services in the real estate market. Among them, the demand-side policies include implementing deed tax subsidies, placing purchase vouchers, increasing the minimum loan amount of housing provident fund, withdrawing provident fund to pay down payment, and implementing "mortgage-to-mortgage" of provident fund loans.
654381October 3, Henan provincial government issued 90 policies and measures to boost market confidence and promote economic stability. In stabilizing housing consumption, it is clearly proposed to cancel unnecessary demand restrictions, optimize the second set of housing identification standards, encourage group buying of commercial housing, and encourage local governments to issue purchase vouchers, purchase subsidies and deed tax subsidies.
65438+1 October1,Xingyang issued a new policy to stabilize the property market, and put forward 15 measures from five aspects: supporting reasonable housing demand, improving housing market supply, increasing tax support for credit financing, promoting the construction and renovation of resettlement houses, and optimizing the real estate market environment. Among them, the demand-side policies include suspending the implementation of the housing purchase restriction policy, relaxing the criteria for the identification of the first suite, implementing the subsidy for the purchase of talents and the deed tax subsidy for the purchase of houses, reducing the down payment ratio of the first suite to 20%, supporting the group purchase of houses, and supporting the "transfer with mortgage" of second-hand houses.
Yan Yuejin said that Urumqi's policy also shows that the pace of real estate policy in 2023 is accelerating. "The policy of stabilizing the property market in 2022 began in February and was significantly ahead of schedule in 2023." He said that this shows that the local initiative is in place and the mentality of stimulating the property market is very obvious.
It is worth noting that Ni Hong, Minister of Housing and Urban-Rural Development, said a few days ago that this year we should vigorously support the demand for rigid and improved housing. Unswervingly adhere to the position that houses are used for living, not for speculation, and boost market confidence because of the city's policy and precise policy. Give strong support to those who buy the first house. The down payment ratio and the first set of interest rates should be lowered. Buy a second house and give reasonable support. Trade in the old for the new, change the small for the big, and give policy support to families with many children.
Chen Wenjing, director of market research in the Index Division of the Central Reference Institute, believes that at present, third-and fourth-tier cities and some second-tier cities generally reduce the down payment ratio of the first home to 20% and the down payment ratio of the second home to 30%. There is little room for further reduction, but there is room for reduction in mortgage interest rates. 6543810.5, the central bank and the China Banking Regulatory Commission issued a notice to establish a dynamic adjustment mechanism for the interest rate policy of the first home loan, and the interest rate of the first home loan in eligible cities will continue to be lowered. Core first-and second-tier cities have a high down payment ratio, and there is a certain downward adjustment expectation in the future.
Chen Wenjing also predicted that the support for improved housing demand will increase this year. In terms of support for families with many children, in 2022, some cities have introduced policies such as increasing the number of housing units, reducing the down payment ratio, increasing the amount of provident fund loans, and giving housing subsidies, which are expected to be promoted in more cities in the future.
Source: Agent China