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Express News | The central bank: actively support the acquisition of existing commodity houses for affordable housing, support the activation of idle land reserves.
Express News | Lan Foan: The relevant tax policies supporting the healthy development of the real estate market have been approved according to procedures and will be launched soon.
times china holdings (01233.HK): total contract sales amount for the first 10 months is 7.556 billion yuan
Glory Times China (01233.HK) announced on November 8 that, as of October 31, 2024, the cumulative contract sales (including joint venture project sales) amounted to approximately 7.556 billion yuan, with a contracted construction area of approximately 629,000 square meters. In October 2024, the group's contract sales (including joint venture project sales) amounted to approximately 1.305 billion yuan, with a contracted construction area of approximately 117,000 square meters.
Times China Holdings Reports Strong Sales Performance
Express News | China's central bank: At the end of the third quarter of 2024, the balance of renminbi real estate development loans was 13.79 trillion yuan, an increase of 2.7% year-on-year.
First-time home loan interest rates in cities such as Hangzhou, Nanjing, and Suzhou have returned to the "3" level. The interest rate for provident fund loans may be even further reduced due to inversion.
Hangzhou, Nanjing, Suzhou and other places have successively adjusted mortgage interest rates. Industry insiders believe that in the current stabilization trend of the real estate market, cities raising the lower limit of mortgage interest rates have a certain significance as an indicator.
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