On July 23rd, according to China Securities Journal, many popular real estate markets, including Changsha, Guiyang, and Beijing, have introduced a new round of real estate policies, further optimizing the regulation of the real estate market. Among them, some areas represented by Beijing have introduced related policies of "trading in old for new", which has attracted market attention. According to the research report of Minsheng Bank, supported by the "5.17" real estate policy, the sales of commodity housing have rebounded. In recent times, favorable policies for some core first- and second-tier cities have been released intensively, combined with the mid-year sprint of real estate companies, speeding up the pace of pushing products, and the sales area of commodity housing has significantly improved.
超100个城市推出住房“以旧换新”，推动置换群体积极入市
More than 100 cities have launched a policy of "Old for New" for housing, encouraging the replacement group to enter the market actively.
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