After CCP Politburo Meeting, Shenzhen, Guangzhou and Other Places Again Introduce New Real Estate Policies
Following the CCP Central Politburo meeting's call to stabilize the real estate market, cities like Shenzhen and Guangzhou have successively introduced new housing policies, including easing purchase restrictions. However, analysis suggests the market's foundation for stability remains weak.
📋 Article Processing Timeline
- 📰 Published: May 3, 2026 at 18:43
- 🔍 Collected: May 3, 2026 at 19:01 (17 min after Published)
- 🤖 AI Analyzed: May 3, 2026 at 19:04 (2 min after Collected)
Central News Agency
(Central News Agency reporter Chang Shu-ling, Beijing, 3rd) Since the CCP Central Politburo meeting on April 28th proposed to "strive to stabilize the real estate market," many places, including Shenzhen, Guangzhou, Wuhan, Tianjin, and Suzhou, have successively introduced new policies to stabilize the housing market. However, analysts believe that the current foundation for stability in China's real estate market remains weak.
Cailian Press reported that on the evening of April 29th, the Shenzhen Housing and Construction Bureau issued a notice, relaxing housing purchase restrictions in core areas. In Futian District, Nanshan District, and Xin'an Subdistrict of Bao'an District, Shenzhen-registered households can purchase 3 homes. Non-Shenzhen-registered households who have continuously paid social insurance or individual income tax for at least one year locally can purchase 2 homes, and non-Shenzhen-registered households holding a local residence permit can purchase 1 home.
On April 30th, Guangzhou also issued implementation opinions to promote the development of the housing market, increasing the provident fund loan quota; relaxing conditions for converting existing commercial loans to provident fund loans, allowing conversion to combined loans. It also encourages various districts to issue "housing renovation and home appliance consumption vouchers" and other forms of subsidies.
On the same day, Tianjin and Wuhan also issued notifications on housing market policies, while Suzhou issued relevant notifications on May 2nd.
These policies mostly focus on increasing support for provident funds and encouraging various districts to provide housing or rental subsidies. However, many netizens commented that what is truly needed are lower housing prices and reduced loan interest rates.
Papai News reported that the China Index Academy (CREIS) analysis pointed out that the last time the Central Politburo meeting mentioned real estate was in April 2025. One year later, this Politburo meeting again mentioned "real estate" in "effectively preventing and resolving risks in key areas," indicating that preventing and resolving real estate risks remains a key task.
From the market performance perspective, in the first quarter of this year, national new commercial housing sales area decreased by 10.4% year-on-year, and sales value decreased by 16.7% year-on-year. The declines narrowed compared to January-February, and market sales showed marginal improvement in March. However, the report pointed out that the current recovery still exhibits a patchy characteristic, and the foundation for stability remains weak. (Edited by Chiu Kuo-chiang) 1150503
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(Central News Agency reporter Chang Shu-ling, Beijing, 3rd) Since the CCP Central Politburo meeting on April 28th proposed to "strive to stabilize the real estate market," many places, including Shenzhen, Guangzhou, Wuhan, Tianjin, and Suzhou, have successively introduced new policies to stabilize the housing market. However, analysts believe that the current foundation for stability in China's real estate market remains weak.
Cailian Press reported that on the evening of April 29th, the Shenzhen Housing and Construction Bureau issued a notice, relaxing housing purchase restrictions in core areas. In Futian District, Nanshan District, and Xin'an Subdistrict of Bao'an District, Shenzhen-registered households can purchase 3 homes. Non-Shenzhen-registered households who have continuously paid social insurance or individual income tax for at least one year locally can purchase 2 homes, and non-Shenzhen-registered households holding a local residence permit can purchase 1 home.
On April 30th, Guangzhou also issued implementation opinions to promote the development of the housing market, increasing the provident fund loan quota; relaxing conditions for converting existing commercial loans to provident fund loans, allowing conversion to combined loans. It also encourages various districts to issue "housing renovation and home appliance consumption vouchers" and other forms of subsidies.
On the same day, Tianjin and Wuhan also issued notifications on housing market policies, while Suzhou issued relevant notifications on May 2nd.
These policies mostly focus on increasing support for provident funds and encouraging various districts to provide housing or rental subsidies. However, many netizens commented that what is truly needed are lower housing prices and reduced loan interest rates.
Papai News reported that the China Index Academy (CREIS) analysis pointed out that the last time the Central Politburo meeting mentioned real estate was in April 2025. One year later, this Politburo meeting again mentioned "real estate" in "effectively preventing and resolving risks in key areas," indicating that preventing and resolving real estate risks remains a key task.
From the market performance perspective, in the first quarter of this year, national new commercial housing sales area decreased by 10.4% year-on-year, and sales value decreased by 16.7% year-on-year. The declines narrowed compared to January-February, and market sales showed marginal improvement in March. However, the report pointed out that the current recovery still exhibits a patchy characteristic, and the foundation for stability remains weak. (Edited by Chiu Kuo-chiang) 1150503
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