agency: more than 130 cities have launched housing "old for new" programs
2024-09-26
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beijing news shell finance (reporter duan wenping) on september 26, according to incomplete statistics from china index academy, more than 130 cities including beijing, shanghai, nanjing, etc. have launched the "old for new" housing program since the beginning of this year, and some results have been achieved.
it is understood that as of september 20, 523 people have signed up for beijing's commercial housing "trade-in" program, and 62 housing units have been locked after the buyers paid deposits. compared with the 31 newly built commercial housing projects and more than 9,000 housing units that had been confirmed when the activity started, 22 more projects have been added to reach 53 projects, with a total of more than 10,000 new housing units participating in the activity.
in shanghai, since the launch of the "old for new" housing campaign, it has attracted 27 real estate projects to participate and successfully ordered 406 new homes, accounting for about 20% of the sales office's transaction volume.
china index academy said that it is expected that more cities will follow suit and implement the "old for new" housing policy, which will help accelerate the circulation of the first-hand and second-hand replacement chain and have a certain positive effect on the market.
proofread by liu baoqing