One month after the implementation of the new Shanghai policies, real estate transactions in Shanghai are active

On February 25 this year, five departments in Shanghai jointly released the new real estate optimization policy “Shanghai Seven Measures,” which aims to release positive benefits from multiple dimensions, including relaxing home purchase thresholds, optimizing housing provident fund loans, and improving property tax policies. Now, one month after the implementation of the new policy, the Shanghai real estate market is active. At a new housing sales center in Baoshan District, a sales manager stated that the number of visitors in March this year increased by about 30% compared to the same period last year, and all 79 units that were recently launched for sale were sold out on the opening day. In the second-hand housing market, multiple agencies have reported a noticeable increase in transaction volume recently, with clients making more reasonable offers and showing stronger purchasing intentions. (CCTV Finance)

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