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| Date |
Regulators |
Policy |
Related Reading |
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2010.06.12 |
Ministry of Housing and Urban-Rural Development (MOHURD)and six other departments |
Further increase the construction and supply of low-rent housing to meet the demand of middle- and low-income residents. |
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2010.06.04 |
MOHURD, The People's Bank of China (PBOC), China Banking Regulatory Commission (CBRC) |
Higher down payments and mortgage rates if one of the home-buyer's family members already owns property. |
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2010.05.02 |
PBOC |
The central bank announced it will raise the deposit reserve requirement ratio (RRR) for financial institutions by half a percentage point from May 10. |
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2010.04.30 |
Beijing Government |
Beijing banned all families from buying more than one home, it also bans mortgages for purchases of a third or third-plus home |
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2010.04.19 |
MOHURD |
Developers were asked not to take deposits for sales of uncompleted apartments without proper approval and barred from charging "abnormally high" prices. |
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2010.04.17 |
State Council |
Provincial and municipal governments in areas with soaring prices can turn down third-home loans as well as temporarily restrict the number of properties people can buy, in accordance with the situation in their jurisdictions. |
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2010.04.15 |
State Council |
Down payment for people buying their second homes were raised to a minimum of 50 percent of the property value from 40 percent. |
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2010.04.13 |
MOHURD |
Local governments were urged to put more efforts into the building of low-income housing. |
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2010.04.11 |
CBRC |
Banks should not extend loans to home buyers who intend to use the money for speculative purposes. |
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2010.03.18 |
State-owned Assets Supervision and Administration Commission (SASAC) |
78 State-owned enterprises with no core businesses in the real estate industry are asked to withdraw from the industry after completing unfinished land development programs. |
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2010.03.11 |
Ministry of Land and Resources |
Developers must make a 50 percent down payment on all land put up for auction within one month of signing a contract or face the prospect of losing the land along with their deposit. |
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2010.01.12 |
PBOC |
The central bank raised the reserve requirement ratio in a clear sign that it was determined to drain excessive liquidity in the market and curb lending. |
| Date | Policy Targets | Measures | Related Reading |
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2005.04.28 |
To stabilize housing prices by smoothing out problems that have pushed the prices upward. |
The State Council required all regions of China to make clear plans on the scale, distribution and schedule of construction of common commercial housing and affordable housing and make it public. |
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2006.05.17 |
To use a mix of tax, credit and land policies to cool down the country's over-heated property sector. |
A policy required that developers of land slated for development be charged a high "idle land fee" if it remains unused for one year, while rights will be revoked if it remains unused for 2 years. Local governments were asked to make 70 percent of its annual land supply available for the development of low-cost housing. |
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2009.12.14 |
To ensure healthy development of the country's real estate sector because house prices in some cities are rising so fast. |
To deflate potential bubbles and send early warning signals to investors and property developers and curb speculative purchases. |
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2010.01.10 |
To strengthen management, stabilize market expectations and facilitate stable and sound development of the real estate market. |
To increase supply of low-cost houses for low-income families and common residential houses, encourage reasonable house buying while restraining purchases for speculation and investment, strengthen real estate project loan risk management and market supervision, speed up construction of housing projects for low-income households, and specify responsibilities of local governments. |