Nine departments including the Henan Provincial Department of Housing and Urban-Rural Development issued “Certain Measures on Coordinating the Promotion of Controlling Incremental Inventory and Optimizing Supply and Stabilizing the Real Estate Market”, which proposes to continue to carry out “trade-in.” Encourage state-owned enterprises, real estate companies, etc. to acquire personal second-hand housing, promote “old and new,” and guide real estate brokerage agencies to sign tripartite agreements with housing enterprises and buyers to facilitate “selling old and buying new.” Encourage financial institutions to provide long-term low-interest loans to support various business entities in implementing acquisitions in accordance with the law. Implement “secured transfer” of personal housing stock and improve the “secured transfer” interbank transaction process.

Nine departments including the Henan Provincial Department of Housing and Urban-Rural Development issued “Certain Measures on Coordinating the Promotion of Controlling Incremental Inventory and Optimizing Supply and Stabilizing the Real Estate Market”, which proposes to continue to carry out “trade-in.” Encourage state-owned enterprises, real estate companies, etc. to acquire personal second-hand housing, promote “old and new,” and guide real estate brokerage agencies to sign tripartite agreements with housing enterprises and buyers to facilitate “selling old and buying new.” Encourage financial institutions to provide long-term low-interest loans to support various business entities in implementing acquisitions in accordance with the law. Implement “secured transfer” of personal housing stock and improve the “secured transfer” interbank transaction process.