Tianjin will require developers selling homes before completion to finish a building's main structure and put all buyer funds under full supervision. The move follows a nationwide push to curb unfinished-project risk in Chinese real estate.
A viral post about a 57-square-meter Beijing flat that lost about 38 percent of its value since 2017 has rekindled a national conversation about property, salaries and what a home is really worth.
Starting October 1, 2026, Chinese families taking out new commercial mortgages for their first home will get an annual 1% interest subsidy paid by the central government. The policy turns two years of local pilots into a nationwide program.
During the Mid-Autumn holiday, real estate agents in Beijing, Shanghai, Guangzhou and Shenzhen reported rising viewings and deals as developers rolled out steep discounts. Analysts call it a seasonal rebound, not a full recovery, with demand concentrated in scarce, well-located projects.
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