1. Shenzhen issues local implementation guidelines for reform of the commercial housing sales system.
2. Shenzhen: Increases support for development loans for existing housing sales projects and safe, comfortable, green, and smart "good housing" projects.
3. Beijing launches city-wide pilot program to extend land contracts for another 30 years after their expiration.
4. Hangzhou issues local implementation guidelines for reform of the commercial housing sales system.
5. Hangzhou: The maximum withdrawal of housing provident funds for home renovation in the city is 250,000 yuan.
6. The weighted average interest rate for newly issued corporate loans in September was slightly below 3%, while the weighted average interest rate for newly issued personal housing loans was approximately 3.1%.
7. A detached villa in Hangzhou was auctioned for 288 million yuan: a premium of 71%, with a unit price of 457,000 yuan/square meter.
8. Gemdale Group: In September, the company achieved a contracted sales area of 120,000 square meters, a year-on-year decrease of 32.58%.
9. US mortgage rates hit a nearly three-year high, and mortgage applications declined for six consecutive weeks.
10. South Korea will strengthen the regulation of the real estate market and strictly investigate foreign speculation and abnormal transactions.
