On the 25th, Shanghai released its “Seven Measures” for the real estate market. Yan Yuejin, deputy director of the Shanghai E-House Real Estate Research Institute, stated that the policies announced by Shanghai cover seven areas, including adjustments to purchase restrictions, optimization of housing provident fund policies, and improvements to property tax policies. The Notice specifies that the maximum loan amount for housing provident funds will be moderately increased. The maximum housing provident fund loan amount for first-time homebuyers will be raised from 1.6 million yuan to 2.4 million yuan. Yan Yuejin noted that when combined with the loan increase policies for families with multiple children and the purchase of green buildings, the maximum personal housing provident fund loan amount in Shanghai could reach 3.24 million yuan under the new policy, placing it at the forefront nationwide. Yan Yuejin concluded that currently, the real estate markets in various cities, including first-tier cities, are performing well overall, with data from the first two months of this year being particularly positive. Combined with these policies, a “mini-spring” market recovery is worth anticipating. First-tier cities have played a leading role in this round of market stabilization, and market expectations are expected to improve further in the coming period. (China News Service)