On the 29th, Wuxi issued the “Notice on Certain Policies and Measures to Further Optimize the Stable and Healthy Development of the Real Estate Market”, which involves 10 major measures, including criteria for first home certification, increasing support for provident funds, optimizing commercial loan interest rates, revitalizing existing housing stocks, and broadening the scope and targets of housing ticket use. The notice clarifies that in the future, if a buyer purchases new commercial housing within downtown Wuxi, the buyer has no commercial housing within the area where the house they intend to buy is located can be considered the first home.

On the 29th, Wuxi issued the “Notice on Certain Policies and Measures to Further Optimize the Stable and Healthy Development of the Real Estate Market”, which involves 10 major measures, including criteria for first home certification, increasing support for provident funds, optimizing commercial loan interest rates, revitalizing existing housing stocks, and broadening the scope and targets of housing ticket use. The notice clarifies that in the future, if a buyer purchases new commercial housing within downtown Wuxi, the buyer has no commercial housing within the area where the house they intend to buy is located can be considered the first home.