On March 25, multiple regions intensively optimized real estate policies. Cities including Chengdu and Qingdao raised housing provident fund loan limits, and many cities relaxed purchase and loan restrictions and optimized down payment ratios, with policy efforts continuously increased to support the steady and healthy development of the real estate market. At the same time, banks launched special consumer credit products, focusing on supporting home appliance trade-ins and new energy vehicle consumption. The dual drive of real estate and consumption fuels a sustained rebound in endogenous economic momentum.

The effects of optimized real estate policies are gradually emerging, with a notable rise in market transaction activity and synchronous growth in second-hand housing listings and trading volumes, effectively releasing rigid and improved housing demand. The increase in provident fund loan limits directly reduces financial pressure on home buyers, and coupled with downward mortgage rates, residents’ home purchase costs continue to drop, confirming a stabilizing and rebounding trend in the property market. Meanwhile, upstream and downstream industries of real estate such as home appliances and furniture have benefited accordingly, gradually activating the consumption chain.

Policies on the consumption front are also being rolled out in tandem, with new energy vehicles and green home appliances becoming core drivers of consumption promotion. Special consumer credit from banks lowers the threshold for residents’ consumption, and combined with local subsidy policies, sales of new energy vehicles continue to rebound, driving the recovery of new energy industrial chains such as power batteries and photovoltaics. Industry insiders stated that a stable property market underpins economic stability, and robust consumption invigorates the market. Current policies precisely target residents’ rigid and quality consumption needs, alleviating short-term economic pressure while promoting the transformation and upgrading of the economic structure. With the sustained effectiveness of follow-up policies, the trend of a stabilizing property market and rebounding consumption will be further consolidated, providing strong support for annual economic growth.