1. Henan Province is expanding the use of housing provident funds to include home repair and maintenance, and plans to shorten loan approval time to 10 days. 2. Chengdu High-tech Zone has introduced a new real estate policy: each newly built residen

2026-11-06

1. Henan Province is expanding the use of housing provident funds to include home repair and maintenance, and plans to shorten loan approval time to 10 days. 2. Chengdu High-tech Zone has introduced a new real estate policy: each newly built residential unit purchased from participating real estate projects will receive a 30,000 yuan consumption voucher. 3. Hainan Province has clarified that newly transferred land for commercial housing will continue to be sold as completed properties, and the policy of issuing certificates upon delivery of the property will be fully implemented. 4. Beijing saw 4,574 new home sales contracts signed in October, a year-on-year increase of 48.36%. 5. China Merchants Shekou's contracted sales reached 18.678 billion yuan in October, with a cumulative total of 158.771 billion yuan in the first 10 months. 6. China Overseas Land & Investment's contracted sales reached 17.805 billion yuan in October, with sales in the first 10 months increasing by 5.1% year-on-year. 7. Greentown China's self-invested projects achieved sales of 9 billion yuan in October, with total sales including projects under construction reaching 160.3 billion yuan in the first 10 months. 8. On the morning of November 6th, five residential land parcels in Chengdu were sold for a total of 2.286 billion yuan, with China Overseas Land & Investment winning the Chenghua plot for 1.172 billion yuan. 9. The first phase of the Hung Hom project in Hong Kong, The Harbour View, launched 150 units, with 138 units receiving over 10,000 registrations. 10. The US 30-year fixed mortgage rate fell to 7.18%, marking its third consecutive week of decline. 11. The Bank of England raised interest rates by 25 basis points to 4%, ushering in a new benchmark interest rate for the housing loan market.