We welcome the policy adjustment of the property market in many places!
Late at night on May 1st, Wuxi released the property market adjustment policy.
as an important city in the Yangtze river delta, Wuxi has a GDP of 1.4 trillion in 221 and a population of more than 7 million, and its per capita GDP ranks among the top cities in China.
At the same time, many cities in Guangdong Province are also taking action. Zhongshan, Jiangmen and Huizhou are taking action: relaxing the purchase restriction for foreign talents, canceling the purchase restriction in Linshen District, and issuing 37 million yuan coupons for buying new houses ...
Some cities have lowered the down payment ratio of the first suite to 2%, and even subsidized 1, houses for the first time. What signal has been released from the intensive adjustment of the property market policies in many cities?
adjust the property market policy in many places
Wuxi new property market policy: the exemption period of value-added tax for individual housing transfer is adjusted from 5 years to 2 years
Wuxi Housing and Urban-Rural Development Bureau issued the Notice on Adjusting the Exemption Period of Value-added Tax for Individual Housing Transfer on May 1.
in order to maintain the stable and healthy development of the real estate market, after research, the exemption period of value-added tax for individual housing transfer in Wuxi city is implemented according to the national regulations, and it is adjusted from 5 years to 2 years. The notice shall be implemented as of the date of promulgation.
Wuxi tax hotline staff said that at present, the detailed policy rules have not been issued, and the specific content will be subject to the contents of the documents released by the government.
Previously, on August 3, 22, Wuxi released a message that individual housing in the urban area of Wuxi (excluding the key areas of shantytown renovation) was transferred for two years but less than five years, and it was necessary to pay VAT.
Some analysts said that this policy is conducive to reducing the transaction cost of second-hand housing, and at the same time, it is also conducive to releasing the demand for replacement-improved housing and enhancing the activity of the second-hand housing market.
According to the latest changes in the sales price of commercial housing in 7 large and medium-sized cities in March 222 released by the National Bureau of Statistics, the price of new houses in Wuxi increased by .2% month-on-month and 4.4% year-on-year. The price of second-hand houses rose by .5% month-on-month and 2.1% year-on-year. The price of new houses in Wuxi has been rising for three months since this year.
Although the price has increased slightly continuously, the performance of Wuxi property market in the first quarter is still not optimistic.
Kerry's data shows that the supply of commercial housing in Wuxi property market in the first quarter of this year was 634,3 square meters, down 52.35% from the previous month and 58.47% from the same period last year. The turnover was 725,6 square meters, down 26.74% from the previous month and down 49.15% from the same period last year.
In addition, the inventory destocking cycle of commercial housing in Wuxi has reached 11 months, which is higher than the healthy level. From January to March, 222, the transaction volume of second-hand houses in Wuxi urban area was 663,5 square meters, a year-on-year decrease of 41.75%, of which the transaction volume of second-hand houses was 617,5 square meters, a year-on-year decrease of 43.74%. From January to March, the transaction volume of commercial housing in Wuxi city was 89,3 square meters, a year-on-year decrease of 46.91%, of which 723,3 square meters were residential, a year-on-year decrease of 49.25%.
Meizhou reduces the down payment ratio of second-home provident fund loans
According to the website of the People's Government of Meizhou City, Guangdong Province on May 1, seven departments, including Meizhou Housing and Urban-Rural Development Bureau, issued notices on measures to promote the stable and healthy development of the city's real estate market.
Screenshot Source: Meizhou Municipal Government website
Measures put forward that financial institutions should implement "the down payment ratio of commercial personal housing loans for households to purchase ordinary housing for the first time is not less than 25%; For households with one set of housing and the corresponding housing loan is not settled, the down payment ratio of commercial personal housing loans that are re-applied for improving living conditions is not less than 3%. Reduce the down payment ratio of the second-home provident fund loan from the current 3% to 2%.
Lianyungang, Jiangsu Province: The down payment ratio of the first suite was adjusted to 2%
On May 2, according to the Notice issued by Lianyungang Housing and Urban-Rural Development Bureau, the down payment ratio of the first suite was implemented at 2%, which guided commercial banks to gradually reduce the mortgage interest rate and shorten the loan approval period.
expand the coverage of class a credit evaluation of urban real estate development enterprises, and adjust the proportion of class a enterprises from 1% to 2%, so that more real estate development enterprises can obtain preferential policies in terms of pre-sale progress conditions and the use of pre-sale funds.
Guiyang: Guide the implementation of 2% down payment for the first suite
Cancel "recognizing the house and recognizing the loan"
On the evening of April 28th, official website, Guiyang Municipal People's Government, issued the Notice of the General Office of the Municipal People's Government on Promoting the Benign Cycle and Healthy Development of the Real Estate Industry (hereinafter referred to as the Notice), which promulgated 17 new regulations in 5 categories.
the notice is divided into five parts: reducing the development cost of enterprises, meeting reasonable credit demand, improving the liquidity of commercial housing stock, improving the housing supply system and improving the level of government services.
among them, it is emphasized to lower the threshold of individual housing consumption. Encourage and guide financial institutions to implement the 2% down payment policy for first home loans.
for families who own a house and have settled their house purchase loans, and apply for loans to buy ordinary houses again to improve their living conditions, support and guide financial institutions to implement the first home loan policy.
at the same time, guide financial institutions to implement relevant credit policies, and appropriately increase support for liquidity loans and mergers and acquisitions on the basis of risk control for high-quality real estate enterprises to meet the reasonable financing needs of construction enterprises; Guide commercial banks and financial institutions not to stop lending or withdraw loans at will, and support the completion and delivery of projects under construction as scheduled to the maximum extent.
The Notice also introduced relevant measures to revitalize the non-residential stock. For non-residential commercial housing projects that have been sold but not yet built, under the premise of improving the supporting facilities for public construction, it is allowed to apply for adjusting the nature for the development and construction of residential or emerging industries, pension industries, cultural and educational industries, sports industries and other purposes according to procedures, so as to promote non-residential destocking; For the adjustment of residential, in principle, for resettlement housing and affordable rental housing construction.
The Notice also points out that the document will be put on trial for one year from the date of issuance.
according to the data of the national bureau of statistics, in March this year, the price of new commercial housing in Guiyang increased by .2% month-on-month, while the price of second-hand housing decreased by .9% month-on-month, ranking second among 7 large and medium-sized cities, second only to Mudanjiang.
Zhongshan relaxes the purchase restriction for foreign talents
On April 28th, Zhongshan Municipal Bureau of Human Resources and Social Security issued the Notice on Further Optimizing the Safeguard Measures for Talents' Living in Our City. Among them, it is proposed that all non-Zhongshan registered talents who hold college education certificates or above, professional and technical qualifications, vocational qualifications or vocational skill level certificates are allowed to purchase a set of new commercial housing within the city, and the housing shall not be listed and traded within 2 years from the date of online signing.
Yan Yuejin believes that Zhongshan has relaxed the purchase restriction policy for people with junior college or above, which shows that the housing sales market in major cities is weak at present. By relaxing the purchase restriction policy, it will help to expand the number of people and people buying houses. The provision of "canceling purchase restriction and implementing sales restriction" in Zhongshan is also a common practice in some places in the past, which not only provides more purchasing power for housing enterprises to go to inventory, but also prevents the phenomenon of real estate speculation in the short term.
"It is a general trend to relax the restrictions on purchases in subsequent places, which will help promote the destocking of the real estate market. Of course, similar relaxation is not unconstrained relaxation. By setting a certain number of years to limit sales, it will also help to promote the return of housing transactions to owner-occupied demand, rather than investment speculative demand. Therefore, the model of Zhongshan is worth learning in some cities across the country. " Yan Yuejin said.
Huizhou: Cancel the purchase restriction in Huiyang District, Daya Bay District
On April 3th, according to the report of Nanfang+Client, Huizhou Housing and Construction Bureau and other six departments jointly issued the Notice on Promoting the Healthy Development and Benign Cycle of the Real Estate Industry, which put forward the requirements from six aspects: meeting the reasonable demand for housing credit, optimizing the supervision of pre-sale funds, optimizing land transfer, increasing the support of provident fund for housing purchase, improving the housing sales policy, and improving the convenience and living quality of residents.
Among them, in improving the housing sales policy, it is proposed to "meet the reasonable housing demand within Huiyang District and Daya Bay Economic and Technological Development Zone, and will no longer be included in the key restricted areas".
This means that the purchase restriction in Huizhou has been relaxed, and the purchase restriction in Huiyang District and Daya Bay District near Shenzhen has been cancelled.
Zhuzhou gives 1, housing subsidies when it first buys a house
On April 29th, the office of Zhuzhou Municipal Government issued a notice on "Several Measures for Promoting the Benign Cycle and Healthy Development of the Real Estate Industry", which put forward 19 specific measures, including protecting the legitimate rights and interests of buyers, implementing housing subsidies, supporting college graduates to settle down, reducing the personal housing consumption burden, and adjusting and optimizing the housing provident fund loan policy.
Among them, in the aspect of implementing housing subsidies, it is proposed that if you buy new houses (including residential and non-residential houses) and second-hand houses in urban areas, sign online contracts and pay deed tax, the finance will subsidize the buyers according to 5% of the deed tax paid.
In terms of supporting college graduates to settle down, it is proposed that talents who have signed labor contracts for more than 2 years can get subsidies for purchasing new houses in urban areas for the first time after they settle down; For doctors, masters and senior technicians, undergraduate and junior college technicians, a one-time subsidy of 5, yuan, 3, yuan and 2, yuan will be given respectively.
in terms of supporting the rigid demand for housing, it is proposed that for those who purchase new houses and second-hand houses for the first time in urban areas, sign online contracts, pay deed tax and settle in Zhuzhou, the government will give a housing subsidy of 1, yuan to meet the rigid demand for housing of the first-time buyers.
Jiangmen buys a new house and issues coupons
On April 27th, Jiangmen Housing and Construction Bureau and Commerce Bureau jointly hosted the press conference of "222 Jiangmen Summer Consumption Promotion Activity". At the meeting, it was announced that from April 28th, consumer vouchers with a total value of 37 million yuan will be issued to the first few buyers who bought new commercial housing in Jiangmen and went through the contract signing procedures. This activity lasts for two months.
In terms of specific preferential treatment, from : on April 28th, 222, the first 5, new commercial housing units with an area of more than 1 square meters (including 1 square meters) that have been signed online for the contract (sorted according to the time when the contract was finalized, the same below) will be issued with 5, yuan consumption coupons each, with a total value of 25 million yuan;
from : on April 28th, 222, the first 4, newly-built commercial housing units with an area of less than 1 square meters (excluding 1 square meters) will be issued with 3, yuan coupons each, with a total value of 12 million yuan.
relevant coupons can be used for offline consumption in various physical stores within the administrative area of Jiangmen according to the corresponding face value, and the industries involved mainly include building materials, furniture, home improvement, household appliances, home decoration, home textiles, household goods, hotels, homestays, scenic spots, catering and other industries. Vouchers are valid until October 31, 222, and unused vouchers will be automatically recovered by the system after the expiration of the validity period.
Hunan Yueyang takes many measures to stabilize the property market: deed tax concessions and house purchase subsidies
On May 1, the office of Yueyang Municipal People's Government of Hunan Province issued a notice on "Several Measures for Further Promoting the Stable and Healthy Development of Yueyang's Urban Real Estate Market (Trial)", in which it was mentioned that those who bought newly-built commercial houses and second-hand houses (including residential houses and non-residential houses) in the urban area, signed an online contract for the sale of commercial houses, and paid off the transaction deed tax in full within one month, the.
in addition, for those who buy the first set of newly-built commercial housing and second-hand housing in the urban area, sign an online contract and complete the deed tax payment, they will be given a housing subsidy of 1, yuan each. The Notice is valid for one year, and the deadline for subsidy application is April 3, 223.
what are the signals of down payment ratio and interest rate reduction?
According to 21st century business herald's previous report, recently, a number of banks have issued mortgage deferred repayment policies for residents seriously affected by the epidemic.
from the perspective of risk management, will this move affect the asset quality of mortgage? In the future, will the central bank provide further policy guidance for mortgage extension?
Zou Lan, director of the Financial Markets Department of the Central Bank, said at the press conference of financial statistics in the first quarter of 222 on April 14th that from the practice of large banks at that time, the loan quality remained generally stable after the implementation of the deferred repayment policy.
In the next step, the central bank will continue to pay attention to the epidemic situation and guide banks to focus on several aspects: implementing the deferred repayment policy; Take more vigorous and targeted measures according to local conditions; Implement the protection of credit information rights and interests, and smooth the channels for complaints and rights protection.
Zou Lan said that some cities lowered the lower limit of down payment ratio and interest rate, which was a differentiated and market-oriented adjustment made by city governments and banks according to the market situation and their own business strategies, and adapted to the characteristics of regional differences in the real estate market. The central bank will continue to adhere to the positioning of "the house is used for living, not for speculation", focusing on stabilizing land prices, stabilizing housing prices, and stabilizing expectations. Because of the city's policy, it will cooperate with local governments to fulfill their territorial responsibilities and better meet the reasonable housing needs of buyers.
Implementing the policy of deferred repayment of mortgage loans and protecting the rights and interests of credit reporting
Since the outbreak of the COVID-19 epidemic, the income of some residents has been affected for a short time, and there is a need to postpone the repayment of monthly payments and reschedule repayment plans. From the perspective of post-loan risk management, banks also need targeted arrangements for such special situations. Therefore, in January 22, the central bank and other five departments jointly issued a notice, which made it clear that financial institutions should flexibly adjust the repayment arrangements of personal credit such as housing mortgage and credit card for the four categories of people affected by the epidemic, and reasonably postpone the repayment period. Those who fail to repay in time due to the epidemic may not make overdue records and submit them.
Since the beginning of this year, there have been frequent outbreaks in China, and people from all walks of life have paid more attention to delaying repayment. The central bank has actively guided major banks to respond to people's concerns in a timely manner, and made publicity and interpretation on existing policies and business arrangements such as delaying repayment time, adjusting repayment plans, and opening a green channel for credit objection. Will the central bank provide further policy guidance in the future?
Zou Lan said that in the next step, the central bank will continue to pay attention to the epidemic situation and guide banks to focus on several aspects: First, strengthen the concept of customer-centered, and for customers who have difficulties in normal repayment, distinguish between repayment ability and repayment willingness, and distinguish between short-term repayment ability and medium-and long-term repayment ability affected by the epidemic, and implement the deferred repayment policy; Second, strengthen policy propaganda, appropriately simplify business processes, focus on key customer groups, and take more vigorous and targeted measures according to local conditions; Third, in view of the characteristics of long retail business chain and diversified customer base, it is necessary to increase business training at all levels, improve the customer service system, implement the protection of credit information rights, smooth the channels for complaints and rights protection, and continuously improve the quality of service.
the data shows that the balance of commercial personal housing loans in China is 38.8 trillion yuan, and the balance of provident fund loans is about 7 trillion yuan, totaling more than 46 trillion yuan, corresponding to about 1 million loans. The overall quality of loans is relatively good, and the non-performing rate has remained at around .3% for a long time. That is to say, about 3 out of every 1, loans are temporarily in a state of abnormal repayment.
"Different from ordinary corporate loans, individual housing loans have a very long term, mainly relying on the borrower's monthly income to repay the interest and principal on a monthly basis. Bank loans are mainly based on the income of customers.