1. Henan Province adjusts its housing provident fund policy, limiting withdrawals for owner-occupied housing renovations to a maximum of 150,000 yuan. 2. Guangzhou land auctions generate 1.305 billion yuan in revenue; Poly Developments replenishes i

2026-11-12

1. Henan Province adjusts its housing provident fund policy, limiting withdrawals for owner-occupied housing renovations to a maximum of 150,000 yuan. 2. Guangzhou land auctions generate 1.305 billion yuan in revenue; Poly Developments replenishes its land bank in Liwan Dongsha. 3. Poly Developments: Contracted sales amounted to 199.038 billion yuan in the first ten months of 2026, a year-on-year decrease of 10.68%. 4. Ronshine China's October contracted sales reached approximately 200 million yuan, with cumulative sales of approximately 2.08 billion yuan in the first ten months. 5. A luxury residential project in Hangzhou achieved a large transaction of 210 million yuan, with the highest unit price reaching 212,700 yuan/sqm. 6. US mortgage applications rebounded, but existing home sales still face downward pressure. 7. The UK's October residential sales expectations index fell to -17, the lowest since July 2023.