On May 30th, news of the loosening of the purchase restriction policy came out again in Nanjing, focusing on:
1. Nanjing has only four main urban areas: Gulou, Xuanwu, Qinhuai and Jianye;
2. Qixia Xianlin, Yanziji and Yuhuatai core areas have also been liberalized; At this point, Qixia, Yuhua, Jiangning, Jiangbei, Gaochun, Lishui and Liuhe all lifted their purchase restrictions, and Nanjing people bought them casually. Foreign household registration refers to the local foreign purchase policy;
(3) Family households in other places, the original qualification for purchasing houses can only buy 1 suite, but now it is changed to 2 suites, and the scope of application is only second-hand houses, and they must be family households, with accumulated social security for 6 months in recent 1 year;
(4) Nanjing is single, and the original purchase resources can be bought by 1 set, but now it is changed to 2 sets, in which the application scope of parents' refuge includes new houses and second-hand houses; For those who work in four districts (Gulou, Xuanwu, Qinhuai and Jianye), the place where social security bills or individual tax bills are paid, such as the place where units directly under the municipal government can trace their registration, is only applicable to second-hand houses;
⑤ Families in Nanjing can buy 2 sets of original house purchasing qualifications, but now they can buy 3 sets. Among them, families with two children, at least one minor, have issued the certificate of two children in the street/their parents have taken refuge (Nanjing residence permit or moved in from other places), and new houses and second-hand houses can apply for a new set of house purchasing qualifications; The places where social security bills or individual tax bills are paid in the four districts (Gulou, Xuanwu, Qinhuai and Jianye), such as the registered place/per capita area of the traceable unit of the municipal unit, and the same household registration book, each person does not exceed 50 square meters. The new qualification for purchasing houses is only applicable to the scope of second-hand houses.
Attention, in summary, second-hand houses in Nanjing are further liberalized: foreign families, Nanjing singles can buy a second set, and Nanjing families can buy a third set!
Liberalization of purchase restriction and regional expansion
There are a lot of news released today, which is very informative!
Phoenix Net Real Estate Nanjing Station was verified by relevant people, and netizens issued a house purchase certificate test. The above policies are basically verified.
For example, a single man in Nanjing originally had a suite in Yu He, but he could not provide proof of purchase. Today, he said happily, "All new proof of purchase has been issued".
At this point, it is verified that Yuhuatai as a whole has also released the purchase restriction.
Second-hand houses in Nanjing have more stories.
-"From May 20, 2022, registered residents and non-registered residents in this city will buy second-hand houses without providing proof of purchase, so as to meet the reasonable needs of new citizens and other groups who just need to buy houses".
On the afternoon of May 20th, the official account of WeChat, Nanjing Housing Society, issued a message "Officially announced the cancellation of the purchase restriction of second-hand houses in Nanjing", but only two hours later, the article showed that it had been deleted by the publisher, and the transaction of second-hand houses in Nanjing resumed the previous policy implementation.
On May 23rd, it was reported through the grapevine that the policy was "half alive again", and local people in Nanjing were not allowed to buy second-hand houses, but foreigners still needed them. But it was later verified by the media as false news.
Today's policy, looking around, is actually relaxed for second-hand housing.
Second-hand houses in Nanjing are further liberalized: foreign families, Nanjing singles can buy a second set, and Nanjing families can buy a third set!
Although it is not as good as the "cancellation of the purchase restriction of second-hand houses" that broke the news before, from various conditions, the government is more willing to promote more people to buy second-hand houses and promote the vitality of the second-hand housing market than new houses.
Nanjing's rescue was active and low-key.
Nanjing's rescue this year is very active and low-key, and the conditions of land supply, purchase restriction, sales restriction, loan restriction, interest rate and the threshold for foreigners to buy houses have been relaxed one after another. This series of small steps soon untied all possible means.
Nanjing ranks third in the dependence of major cities in China (land transfer income/general public budget income), and its financial dependence on land has exceeded 100% for several years in succession, with11%in the last five years and as high as 120% in 2026.
Nanjing's land sales target this year is 200 billion yuan, and it only sold 20 billion yuan in June. The annualized completion rate only reached the expected 20%, plummeting by 80%, while the fiscal revenue in April decreased by 55% year-on-year. ...
This is a very exaggerated figure.
So the urgency of Nanjing can be imagined.
The second-hand housing market has always been the best barometer of the property market.
Because the confidence and purchasing power of the market is strong, it is often reflected in the data of second-hand houses. When the market fails, it always starts from the second-hand house to "crash".
The previous second-hand house was cancelled and stopped. The policy details may not be in place, but the general direction is fine. Therefore, the details of this adjustment are introduced again, and the overall "selling" is much better.
Second-hand houses can fire, and the property market is really hot!
If the second-hand housing market can recover, then the whole property market is not far from a complete recovery!
So at this stage, we should pay attention to whether the data of second-hand houses can rebound.