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according to xinhua news agency, the political bureau of the cpc central committee held a meeting on september 26. the meeting pointed outwe should promote the real estate market to stabilize, strictly control the increase of commodity housing construction, optimize the stock, improve the quality, increase the loan issuance of "white list" projects, and support the revitalization of idle land. we should respond to the concerns of the people, adjust the housing purchase restriction policy, reduce the interest rate of existing mortgage loans, speed up the improvement of land, fiscal and taxation, and financial policies, and promote the construction of a new model of real estate development.

image source: visual china-vcg111475385703

on the market, more than 20 stocks including gemdale group, greenland holdings, sunshine holdings, airport holdings, quzhou development, fuxing holdings, oct a, and shoukai holdings hit the daily limit.

hong kong-listed mainland real estate stocks also saw a big surge today, with vanke, sunac china, and longfor group all rising by more than 10%.

according to qianjiang evening news, in order to further promote housing consumption and better support rigid and improved housing demand,on september 26, the hangzhou real estate agency industry association issued a notice on organizing the "old for new" activity for commercial housing.it is encouraged that those who intend to change houses, developers and brokerage agencies sign a tripartite service agreement to lock in new housing sources and set a certain "free period". if the old house is sold within the "free period", the purchase of the new house will continue; if the old house is not sold, the real estate developer will unconditionally terminate the subscription agreement.

the planned implementation period for this activity is from september 2024 to september 2025, and will be extended after the expiration depending on the situation.

the participating entities include people who are exchanging old houses for new ones, new commercial housing developers, and real estate brokerage agencies across hangzhou.

image source: visual china-vcg111475457094

main content: the house-changer, the developer and the brokerage agency sign a tripartite service agreement. the house-changer signs a commodity housing subscription agreement with the developer and pays a certain amount of deposit, setting a certain period of "free period" to lock in the housing source; at the same time, the house-changer entrusts a new housing project cooperative brokerage agency to list the old house for sale.if the old house is sold within the "exemption period", the purchase of the new house will continue; if the old house is not sold, the subscription agreement will be terminated unconditionally, the deposit will be returned to the person who is changing the house, and both parties to the transaction will not be required to bear any liability for breach of contract.

how to participate in the activity:(1) log in to the "zheliban-efangtong-trade-old-for-new" activity page and select the desired new housing project. (2) discuss and select the desired housing source at the project site. (3) complete the online listing of the old house under the guidance of the project site staff. (4) complete the offline signing of the three-party service agreement under the guidance of the brokerage agency practitioners. (5) perform the three-party service agreement.

the specific "free period" shall be subject to the agreement between the three parties and may generally be within 90 days from the date of signing the tripartite service agreement.

the specific amount of the deposit shall be subject to the agreement between the person changing the house and the developer. in order to effectively protect the rights and interests of the home buyer, the deposit for purchasing a new home under the "old for new" activity shall be entrusted to the designated evidence account of the hangzhou national notary office of zhejiang province for management.

daily economic news, qianjiang evening news, xinhua news agency, public information

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