1. Shenzhen, Guangdong saw 7,898 new and secondhand residential property transactions in March, the highest in nearly 11 months. 2. Wuhan's new housing provident fund policy: the maximum loan-to-value ratio for first-time homebuyers will not exceed

2026-04-03

1. Shenzhen, Guangdong saw 7,898 new and secondhand residential property transactions in March, the highest in nearly 11 months. 2. Wuhan's new housing provident fund policy: the maximum loan-to-value ratio for first-time homebuyers will not exceed 80% of the total property price, and household registration restrictions have been lifted. 3. Hainan will support homebuyers withdrawing their housing provident funds to pay for their children's down payments starting April 1st. 4. Seven urban renewal projects in Longgang District, Shenzhen, received approval for construction land, with a total land area of approximately 74,500 square meters. 5. Shangqiu introduced eight new policies for housing provident funds to support housing consumption and family mutual assistance. 6. Residential land in Tongzhou District, Beijing, was sold at the reserve price of 1.769 billion yuan. 7. Hong Kong's property market saw a record high in large-scale purchases in the same period in 18 years, with some spending HK$100 million to buy 10 properties, and others making a profit of HK$1.1 million by reselling them.