1. Shanghai's secondhand home sales hit a record high of 136,000 units in the first half of the year, with low-priced, first-time homebuyers dominating the market.
2. Poly Developments: Net profit for the first half of the year was RMB 1.928 billion, a year-on-year decrease of 38.96%.
3. A residential land parcel in Guangzhou was sold at a premium of 17.32%.
4. A residential land parcel in Nanjing was sold at the reserve price of RMB 522 million.
5. Poly Developments acquired a plot of land in Shachong New Village East, Liwan District, Guangzhou for RMB 610 million, with a premium of 17.3%.
6. Dalian launched its first second-home provident fund loan interest subsidy program, subsidizing 15% of the interest for a period of 3 years.
7. Hong Kong saw 3,206 secondhand Home Ownership Scheme (HOS) registrations in the first half of the year, totaling HKD 13.371 billion, both record highs in three years.
8. Qingdao released 11 new policies for senior living real estate, including zero-basement pre-sales, 1.25% refinancing, and installment payments.
9. The South Korean president is pushing for adjustments to real estate tax and loan policies, even at the cost of "political consequences."
10. The US 30-year mortgage rate rose to 6.58%, a near one-year high.
