New现房 sales policy and mortgage interest subsidies boost property markets across multiple regions during National Day

The combination of the '828 New Policy' and the official implementation of resident home loan interest subsidies starting October 1 has led to strong performance in property markets across many areas during the National Day holiday. According to data from Hubei's housing and construction department, with a dense rollout of policy incentives and province-wide exhibition and sales events, Hubei's autumn home-buying season is highly promising. From October 1 to 3, new residential commodity sales in Wuhan increased by over 10% year-on-year; Shiyan saw year-on-year growth of around 13% in both sales area and sales value, while cities including Jingzhou, Xiaogan, and Suizhou recorded steady year-on-year growth in transactions. The Guangdong property market is also showing warmth. On October 4, the official WeChat account 'Foshan Housing and Construction' reported that during the National Day Golden Week, visitation, inquiries, and purchase commitments at sales offices across Foshan's five districts continued to rise. Driven by the mortgage interest subsidy policy officially taking effect on October 1, a batch of high cost-performance projects meeting the conditions have already reaped the 'dividends'.