After the adjustment of Beijing's housing purchase restriction policy, there were over a hundred groups of visitors to the property outside the Fifth Ring Road in a single day.
On August 8th, Beijing's housing purchase restriction policy was adjusted. Local residents and qualified non-local families are no longer limited in the number of properties they can buy outside the Fifth Ring Road, and the conditions for housing provident fund loans have been optimized. After the new policy took effect, the real estate market outside the Fifth Ring Road in Beijing was the first to heat up on the first weekend. Reporters found that several projects in areas such as Haidian and Yizhuang saw a noticeable increase in customer traffic, with some properties attracting over a hundred visitors in a single day. The number of transactions in the second-hand housing market broke 500 units in a single day, a significant increase compared to July. Industry insiders predict that the current policy will significantly stimulate demand for improved properties, making areas outside the Fifth Ring Road promising as the next active trading area in the Beijing real estate market.
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