More positive changes in the real estate market

More positive changes At the same time, we must also be clearhead that my country is still the largest developing country in

the world. There is still a big gap in per capita GDP compar with develop countries. The problems of

unbalanc and inadequate development are still buy bulk sms service prominent. It will take tremendous efforts to achieve the longterm goals for 2035.

Real estate is an issue that everyone is very concern about because it is closely relat to economic

development and improvement of people’s livelihood.

Kang Yi, director of the National Bureau of Statistics , introduc at the press conference that in response

to the complex situation of the real estate market in 2024, the Political Bureau of the Central

Committee meeting on September 26 clearly propos to “promote the real estate market to stop falling

and stabilize”, and many departments work hard to improve land, fiscal, taxation, and financial policies, and cancell purchase restrictions, sales restrictions, price limits, and standards for ordinary and nonordinary residences.

The interest rates on housing provident fund loans

The down payment ratio of housing loans, the interest rates on existing loans, and the tax rates on

replacement housing were lower, and a set of policy combinations were jointly launch. Each region has

also implement policies bas on the specific conditions of each city, with each city having its own policy

and precise policy implementation. The effects advanced spam and virus protection of the policies are constantly emerging, as shown in the following aspects:

First, market transactions tend to be active. The continuous implementation of a package of policies

has effectively lower the threshold for residents to buy houses, alleviat the pressure of loan

repayment, increas residents’ willingness to buy houses, and improv real estate sales.

Second, housing prices have gradually stabiliz

As rigid and improv housing demand continues to be releas, the market supply and demand relationship has improv and housing prices philippines numbers have stabiliz.

Third, market expectations continue to improve. With the cumulative release of policy effects, the

main indicators of the real estate market have continu to improve, driving the gradual increase in market confidence More positive changes.

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