Multiple policies promote the real estate market to move towards stabilizing and stopping the decline

Release date 2024-11-22 14:53:39 Reading 0

　　used excavatorMultiple policies promote the real estate market to move towards stabilizing and stopping the decline

　　According to the latest report on housing price changes released by the National Bureau of Statistics in October, among 70 large and medium-sized cities, the month on month decline in sales prices of commercial residential properties in various tier cities has narrowed or turned upward, while the year-on-year decline has stabilized, indicating further improvement in expectations for the real estate market.used excavator

　　According to Fu Linghui, spokesperson for the National Bureau of Statistics and head of the Department of Comprehensive Statistics of the National Economy, the Central Political Bureau meeting on September 26 emphasized the need to take multiple measures to "promote the real estate market to stop falling and stabilize". Relevant departments have been working hard to improve policies on land, finance, taxation, and finance, and to ensure the implementation of inventory policies and the introduction of incremental policies, playing a combination of punches. With the successive implementation and effectiveness of relevant policies, confidence in the real estate market has been boosted, market transactions have become active, and the real estate market is moving towards stabilizing and stopping the decline.

　　Tax and fee adjustmentused excavator used excavator used excavator

　　Reduce the cost of purchasing a house and alleviate the financial pressure on real estate companies

　　Recently, the Ministry of Finance, the State Administration of Taxation, and the Ministry of Housing and Urban Rural Development jointly issued the "Announcement on Tax Policies to Promote the Stable and Healthy Development of the Real Estate Market" (hereinafter referred to as the "Announcement"), clarifying multiple tax preferential policies to support the development of the real estate market. The Announcement will come into effect on December 1, 2024. The Announcement specifies that before December 1, 2024, individuals who have not yet declared and paid value-added tax and deed tax related to the sale and purchase of housing may comply with the provisions of the Announcement.used excavator used excavator used excavator used excavator used excavator used excavator

　　The new policy guides the further release of demand through the effective reduction of housing and transaction costs, which has a boosting effect on real estate sales. In addition to the current visible tax incentives, the cancellation of standards for ordinary and non ordinary residential properties in some cities will further expand the effectiveness of the policy. The adjustment of deed tax corresponds to a direct reduction in housing costs. From the scope of the adjustment, it is most beneficial for improved demand buyers and second home buyers in first tier cities, "said Xie Haoyu, Chief Analyst of Real Estate at Guotai Junan Securities.

　　In addition, the State Administration of Taxation issued a notice on reducing the lower limit of the pre tax rate for land value-added tax, proposing to uniformly lower the lower limit of the pre tax rate for land value-added tax in all regions by 0.5 percentage points. Each region can adjust the actual pre tax rate based on its own situation. Industry insiders believe that this policy adjustment not only reduces the pre paid land value-added tax for enterprises, easing their financial pressure, but also helps stabilize their expectations and promote the healthy development of the real estate market.used excavator used excavator used excavator used excavator used

　　It is worth noting that 'more important than the intensity of a single policy is the determination of the policy.' Xie Haoyu believes that the pace of policy release can serve as one of the reference standards. Taking the press conference of the State Council Information Office on September 24th as the turning point of real estate industry policies, from the end of September to early October, policies were intensively released. After this round of policy cycle, new policies were once again implemented in mid November. In terms of pace, compared to the previous rhythm of waiting for policy effectiveness to gradually weaken before introducing new policies, the pace of policy intensification this time is more compact, showing a predictive relaxation state, fully reflecting the determination to stop the decline and stabilize as the policy goal.

　　Urban Village Renovationused excavator used excavator used excavator

　　Monetized resettlement injects vitality into real estateused excavator used excavator used excavator used excavator used excavator used excavator

　　Recently, the Ministry of Housing and Urban Rural Development and the Ministry of Finance jointly issued a notice, deploying various regions to accelerate the implementation of incremental policy measures and further improve the transformation of urban villages. The notice proposes that the scope of policy support for urban village renovation has been further expanded from the initial 35 mega cities and large cities with a permanent population of over 3 million in urban areas to nearly 300 prefecture level and above cities. Industry insiders believe that this measure aims to ensure the smooth progress of projects and promote the development of urban renewal and new urbanization by incorporating local government special bond support, providing special loans for development and policy financial institutions, applying tax and fee preferential policies, and encouraging commercial banks to provide loans for urban village renovation.used excavator used excavator used excavator

　　The notice also emphasizes that all regions should consider the stock and increment of commercial housing in conjunction with the local real estate market situation, and proceed from reality to steadily promote the monetization and resettlement of urban village renovation.used excavator used excavator used excavator

　　Previously, Ni Hong, Minister of Housing and Urban Rural Development, proposed at a press conference held by the State Council Information Office to implement the renovation of 1 million urban villages and dilapidated houses through monetary resettlement and other means. Industry insiders believe that after the issuance of this notice, the implementation of this policy will be accelerated. At the same time, monetary resettlement can not only better meet the needs of the masses to choose their own housing types, locations, etc., shorten their transition time outside, and enable them to live in new houses as soon as possible, but also eliminate safety hazards, improve living environments, and enhance urban functions for cities. At the same time, it is also conducive to digesting existing commercial housing and optimizing the structure of the real estate market.used excavator used excavator used excavator used excavator

　　Regarding the previous proposal by the State Administration for Financial Regulation to include all loans for commodity housing projects in the whitelist, the credit scale of whitelist projects will increase from the current 2.23 trillion yuan to over 4 trillion yuan by the end of the year. Industry insiders believe that this will further promote the completion and delivery of sold commodity housing, and benefit the increase in business volume and payment speed of upstream and downstream enterprises in the real estate chain.used excavator used excavator used excavator used excavator used excavator

　　Looking ahead to the future, the transformation of urban villages is the core variable affecting the real estate market, "said Xia Lei, Chief Economist of Guohai Securities. It is estimated that with the implementation of 1 million new sets of urban village transformation and renovation of dangerous and old houses, the monetization of resettlement will drive the transformation of 200 million square meters of commercial housing. At the same time, through reasonable adjustments to the land planning conditions of urban village areas, they can better adapt to market demand and drive about 500 billion yuan of construction and installation investment in original site construction. The transformation of urban villages is an inevitable step towards promoting a new type of urbanization centered on people, which can not only enhance people's livelihoods and well-being, but also make up for the shortcomings of urban construction and development, while balancing the quality and efficiency of development. After expanding the support scope of urban village renovation policies, various regions will provide support in finance, taxation, land, finance, and other aspects, which will effectively promote project implementation in an orderly manner and become an essential support for the stable development of the real estate industry.

　　Stop falling and stabilizeused excavator used excavator used excavator used excavator

　　The foundation for restoring industry confidence is further consolidated

　　Yan Yuejin, Vice President of Shanghai E-house Real Estate Research Institute, analyzed that since the second half of last year, the overall national housing price index has entered a continuous decline and an expansion of the decline channel, with significant market pressure. The narrowing trend of the month on month decline in the housing price index in October is very obvious, based on the recent signals of the real estate market stabilizing and market performance, indicating that the turning point of housing prices has arrived. He believes that the implementation of policies such as monetary resettlement for urban village renovation will help further stabilize market expectations and promote the stable and healthy development of the real estate market.used excavator used excavator used excavator

　　Li Yujia, Chief Researcher of the Housing Policy Research Center of Guangdong Urban and Rural Planning Institute, also stated that with the continuous implementation of incremental policies such as monetization and resettlement for urban village renovation, as well as the implementation of industry risk mitigation measures such as local government debt replacement and acquisition of existing land, the foundation for stabilizing housing prices will be further consolidated. At the same time, he also proposed that in the future, it is necessary to continue to pay attention to the maintenance of the transaction volume of commercial housing, changes in the listing volume of second-hand houses in hot cities, and effective implementation of monetary resettlement for urban village renovation, in order to ensure the sustained stability of the real estate market.used excavator used excavator used excavator used excavator

　　Tu Lilei, Chief Analyst of Real Estate Research at Haitong Securities, also believes that the successive introduction of policies is conducive to stabilizing residents' demand and reducing corporate liquidity risks. The dual forces of supply and demand will further guide the recovery of industry confidence and accelerate the realization of stabilization.used excavator used excavator used excavator

For more used excavator for sale information, click: https://www.uexcavator.com/

Previous: used excavator the unused funds still provide a certain driving force

Next: used excavatorthe construction machinery industry maintains stable growth in domestic demand

High quality and low price

We guarantee the quality of each machine and promise
to offer you the most favorable price.

Multiple policies promote the real estate market to move towards stabilizing and stopping the decline

High quality and low price

We guarantee the quality of each machine and promise to offer you the most favorable price.

Multiple policies promote the real estate market to move towards stabilizing and stopping the decline

We guarantee the quality of each machine and promise
to offer you the most favorable price.