Shenzhen rolled out housing measures on Apr 29 easing purchase restrictions in core districts and sharply raising housing provident fund loan limits. Since implementation, Apr 30–Jun 2 online contract signings for new commodity homes and resales were 5,035 and 6,191 units, up roughly 50% and 30% YoY, with volumes and prices rising. Provident-fund loan applications since the measures totalled 4,404, covering 6.82 billion yuan; average loan size 1.55 million yuan, about 21% higher than before the

Shenzhen rolled out housing measures on Apr 29 easing purchase restrictions in core districts and sharply raising housing provident fund loan limits. Since implementation, Apr 30–Jun 2 online contract signings for new commodity homes and resales were 5,035 and 6,191 units, up roughly 50% and 30% YoY, with volumes and prices rising. Provident-fund loan applications since the measures totalled 4,404, covering 6.82 billion yuan; average loan size 1.55 million yuan, about 21% higher than before the measures, relieving household financing pressure.