According to the incomplete statistics of Time Weekly reporters, since the end of 20021,housing provident fund loan policies have been loosened in more than 20 cities including Nanning, Guilin, Jinjiang, Hohhot and Fuzhou. The measures mainly include increasing the amount of provident fund housing, relaxing the conditions for the extraction and use of housing provident fund, expanding the scope of use of housing provident fund, canceling household registration restrictions and reducing the down payment ratio of second homes.
The website of Nanning Housing Provident Fund Management Center has published the Detailed Rules for the Management of Personal Housing Loan of Nanning Housing Provident Fund (Draft for Comment), which will keep the down payment ratio of the first suite and the second suite unchanged, and shall not be less than 20% and 40% of the house value respectively. However, the maximum amount of the first-home provident fund loan will be raised from 600,000 yuan to 700,000 yuan, and the maximum amount of the second-home provident fund loan will be raised from 500,000 yuan to 600,000 yuan.
Fuzhou has adjusted the housing provident fund policy, and the loan conditions for the second application for housing provident fund will be relaxed. This loan policy has been adjusted since February this year 1. For high-level talents who meet certain conditions in Maanshan City, the maximum amount of the first housing provident fund loan can be increased to 600,000 yuan.
Beishangguangshen and Shenzhen have further accelerated the speed of buying a house and lending. At the beginning of 2022, the bank's personal housing loans changed significantly. Recently, Time Weekly reporter called a number of state-owned banks and stock banks in Guangzhou, and the other party replied that the loan amount was sufficient and the loan period was shortened.
"The provident fund has low cost and strong inclusiveness, and it is more to meet the reasonable housing consumption needs of buyers." Li Yu Jia, chief researcher of Guangdong Housing Policy Research Center, explained that the relaxation of housing provident fund policy by local governments is also a package policy to introduce talents to a certain extent, but it does not mean stimulating the property market.
news of victory/success keeps pouring in
Insiders pointed out that the loose adjustment of the provident fund loan policy is a positive response to the real estate regulation and control policy proposed by the Central Economic Work Conference.
202165438+February, the Central Economic Work Conference was held. The meeting continued to emphasize that housing is not speculation, and also proposed for the first time to strengthen the expected guidance and explore new development models, and proposed to support the commercial housing market to better meet the reasonable housing needs of buyers, thus promoting the virtuous circle and healthy development of the real estate industry due to the city's policy.
In the past 202 1 year, the property market has obviously cooled down. According to the data of the National Bureau of Statistics, in 20021and 65438+February, the cumulative value of real estate residential investment was 1 1. 12 trillion yuan, with a cumulative growth rate of 6.4%, continuing the downward trend of 202 1 at the beginning of the year. According to Cree data, as of June 2022, 5438+ 10, the transaction index of first-and second-tier cities declined to varying degrees. Since the third quarter of 20021,in order to promote the sales of new houses, real estate developers have reduced their prices.
On the eve of the Spring Festival, there are frequent signs of policy adjustment.
65438+ 10/7, the central bank lowered the medium-term lending facility (MLF) and the open market reverse repo rate by 10 basis point each. In the first month of 2022, after the publication of LPR with a term of more than 5 years, it also decreased by 5 basis points compared with the previous period, which was the first downward adjustment since 2 1 month. However, the property market did not recover significantly in a short time. According to the statistics of Leju, during the Spring Festival in 2022, more than 4,000 sets of the national super 1.2 million sets were still in normal business, and Vanke, Greenland and China Shipping all launched preferential promotions. However, the transaction data of new houses is not ideal. According to the statistics of Bank of China Securities, among the 47 cities it tracked, the transaction area of new houses still dropped significantly during the Spring Festival.
The cities with loose housing provident fund loans are mainly second-and third-tier cities. Many insiders pointed out that second-and third-tier cities are under greater pressure to "de-urbanize" and objectively need policy support.
"Frequent favorable policies are not directly equivalent to stimulating the property market." Li pointed out that from the past experience, loose credit policy, relaxation of purchase restrictions, sales restrictions and loan restrictions are the main driving forces for the rebound of the property market. Relatively speaking, the loosening of the housing provident fund loan policy has limited effect on boosting confidence in the property market. However, he also said that this can also send a positive signal to the market.
Li also pointed out that at present, the support of the policy environment for returning entrepreneurs is increasing, and the loosening of the provident fund loan policy has also provided positive policy support for returning entrepreneurs.
Meet reasonable demand
"The loosening of housing provident fund loans and the acceleration of the approval of personal mortgage loans are all manifestations of the continued stability of national regulatory policies." Li said that under the policy framework of "housing without speculation" and the "three guarantees" policy of "ensuring supply, stability and people's livelihood", real estate sales still focus on meeting reasonable housing needs and encouraging residents' reasonable housing financing needs.
To some extent, the adjustment of provident fund loan policy is conducive to boosting market confidence and actively promoting the release of reasonable market demand. The task of the industry is that the real estate credit environment will be further improved in the short term, and more cities will follow up and adjust the provident fund policy.
The significance of market vane in first-tier cities is more obvious. The policy of buying houses in the north, Guangzhou and Shenzhen has gradually loosened to varying degrees.
According to the data of RealData, in June, 2022, 5438+ 10, the speed of bank lending in four first-tier cities accelerated. Among them, Guangzhou was shortened by more than 40 days compared with last month, and Beijing was shortened by 12 to 70 days on average.
The account manager of a state-owned bank Guangzhou Branch told Time Weekly that at present, the personal mortgage loan amount is sufficient. If the loan conditions are met and the materials are fully prepared, the loan can be released as soon as one week. The account manager of a joint-stock bank also revealed that the loan amount is relatively abundant, and it only takes four to five working days at the earliest. At the same time, there are interest rate concessions for some high-quality customers.
Insiders also revealed that the adjustment of "one city, one policy" is expected to further expand from provident fund loans to bank commercial loans. Previously, the central bank has publicly stated that one of the core features of real estate is regionality. Under the framework of long-term real estate mechanism management, it is more important to implement the responsibility of urban territoriality and implement real estate regulation and control based on the local market situation.