Ifeng.com Real Estate Xi’an Station News On July 8, 2021, the Xi’an Municipal Bureau of Housing and Urban-Rural Development issued the “Notice on Establishing a Reference Price Release Mechanism for Second-hand Housing Transactions”. Xi’an’s second-hand housing guidance price policy was officially launched. !

The full text of the notice is as follows:

Relevant units:

In order to resolutely implement the positioning spirit of "houses are for living in, not for speculation", implement The relevant provisions of the "Notice on Establishing a Real Estate Linkage Mechanism to Promote the Stable and Healthy Development of the Real Estate Market" (Municipal Administration Office [2021] No. 20) to promote information transparency in the second-hand housing market, with the consent of the municipal government, are hereby notified as follows:

1. The Xi'an Real Estate Transaction Management Center takes residential communities as units, fully refers to the second-hand housing online transaction price, appraisal price and other factors. After investigation and analysis, it forms a second-hand housing transaction reference price, which is officially announced by the Xi'an Municipal Housing and Urban-Rural Development Bureau. Published on websites, WeChat public accounts and other online platforms.

2. Real estate brokerage agencies and real estate sales service personnel shall not speculate on housing prices in the name of "school district housing" or "degree housing", nor may they induce community owners to participate in driving up housing prices.

3. Relevant institutions involved in all aspects of second-hand housing transactions should use the reference price of second-hand housing transactions as a reference to guide rational transactions of second-hand housing and stabilize market expectations.

4. Real estate brokerage agencies and real estate online information publishing platforms should conduct self-examinations on listed properties and remove second-hand housing listings with inflated prices. The housing construction bureaus of each district and the housing construction management departments of each development zone must conduct comprehensive inspections of the housing listings in their jurisdictions. For those who do not comply with the regulations, they will be copied and reported to the Internet Information, market supervision and other departments for joint punishment.

This notice shall come into effect on the date of issuance.

Xi'an Municipal Bureau of Housing and Urban-Rural Development

July 8, 2021