CCTV News: During this year's May Day holiday, under the continuous influence of a series of policies, the real estate markets in many places across the country continued to recover in the first quarter, especially the real estate markets in first- and second-tier cities continued to maintain a positive trend.

During the May Day holiday, the reporter came to a new house sales office on the West Third Ring Road of Beijing. This property just opened at the end of April. The main apartments are 112 square meters of three-bedroom apartments and 122 square meters of four-bedroom apartments, mainly for home buyers with improvement needs. The sales staff told reporters that many citizens came here to see houses during the holidays, and some customers have entered the signing process. According to sales staff, 249 properties were launched in the first phase of this project, and 60% of them have been sold since its opening. More than this project, the reporter learned that during the May Day holiday, many commercial housing projects in Beijing have ushered in a large number of tenants watching.

In Shanghai, some properties choose to temporarily launch new properties during the holidays due to good sales. In Huangpu, Guangzhou, from May 1 to 2, the cumulative number of visits to 47 properties under construction and sale in the district exceeded 2,000, and the subscription volume increased by 37% year-on-year. Similarly, in Shenzhen, the local area launched the "May Day Good Housing Festival", which attracted 40,000 citizens on the first day of the exhibition. When the reporter came to a real estate project in Nanshan District, he saw that many home buyers were waiting for signing a contract, and the sales ratio of this project reached 90% on the first day of its opening.

The transaction volume of second-hand housing in first- and second-tier cities remains active

Not only new houses, but during this May Day holiday, the transaction volume of second-hand housing market in first- and second-tier cities remains active.

In Wuhan, Hubei, staff at second-hand real estate agency stores have been busy these days. In the first three days of the holiday alone, the total number of people viewing houses in a large real estate agency store exceeded 8,000, an increase of 25% compared with the three days before the holiday. Experts said that since April, the structural improvement characteristics of regional markets have become increasingly obvious. In April, the transaction volume of second-hand houses with large apartments and medium-high total prices in Shenzhen increased. Shanghai sold 20,700 second-hand houses in April, an increase of 32% year-on-year, the highest value since 2022. At the same time, this May Day holiday was accompanied by a series of "combination punches" of real estate policies, and residents still have a lot of room for potential housing purchase demand, so the real estate market in first- and second-tier core cities can continue to maintain a positive trend.

During the May Day holiday, "good houses" were put into the market in many places.

In the interview, the reporter found that during this year's "May Day" holiday, many places across the country had real estate projects with the characteristics of "good houses". These projects not only provide home buyers with more choices for buying houses, but also pay more attention to quality.

With the implementation of the national standard "Residential Building Code", complying with the "good house" standard has become a promotional selling point of some real estate projects in recent times, attracting many home viewers.

In addition to the improvement of the building floor height, the practicality, comfort and storage functions of the interior space of the house have also become the highlights of many properties. In a property in Jiangning District, Nanjing, the reporter saw that the facades of the houses intertwined with each other, and each floor has a high terrace. In Hangzhou, this property that was first opened during the May Day holiday also focuses on improving the quality of "good houses". The sales staff introduced that 138 units were launched for the first time, and more than 1,000 sets of intended customers have been accumulated in two days.

Related policies for stabilizing the real estate market in many places across the country

As the market gradually recovers, some cities have been continuously adjusting and optimizing relevant policies in recent times in accordance with the changes in the market, injecting new impetus into the stable and healthy development of the real estate market.

Zhongshan City recently issued a notice proposing that from May 1, 2025 to June 30, 2025, anyone who purchases new commercial housing in Zhongshan City will be given an electronic consumption voucher subsidy of 5‰ of the house purchase fee after paying the deed tax. The Wuhan Housing and Urban Renewal Bureau and other six departments jointly issued new real estate policies. In addition to the increase of the provident fund loan amount for the second home to 1.2 million, the "new policy" expands the subsidy for multiple children from the new urban area to the entire city of Wuhan, and subsidies for those who buy new homes of 60,000 and 120,000 yuan for the second and third children respectively. In addition, when purchasing a new house, the deed tax will be fully compensated. On the first day of the implementation of the new policy, many home buyers went to the sales office for consultation.

Similar to Wuhan's policies, many cities have also optimized the provident fund policies. Hefei has cancelled the distinction between ordinary residential and non-ordinary residential loans, supported the use of provident fund for purchases of affordable housing, and increased the loan amount; Suzhou has raised the loan amount for families with many children and depositors who purchase improved housing; Qingdao has launched 12 new policies to stimulate the real estate market, including housing purchase subsidies, low-month loan products, etc., and has also issued a "old-for-new" housing plan, planning to purchase 1,200 second-hand housing units for affordable rental housing, and encouraged the public to sell the old and buy the new. Experts said that since the real estate market situations in different cities are different, corresponding policies must be formulated according to local conditions and work hard on incremental growth.