Ningxia Yinchuan City has introduced 8 measures to assist in the stable and healthy development of the real estate market.

Journalists learned from the government of Yinchuan, Ningxia that the "Measures for promoting the stable and healthy development of the real estate market in Yinchuan" officially took effect on the 13th. The measures implement precise strategies in eight aspects such as land security, planning and design, housing quality, policy support, and guaranteeing supply to promote the stable and healthy development of the real estate market. The measures clearly implement a dynamic adjustment mechanism for newly auctioned residential land, combining the assessment price of residential land with the sales prices of surrounding commercial housing, and allowing land transfer fees to be paid in installments; and clearly specifying applicable situations for changes in land nature, subdivision sales, phased development, and "with mortgage transfer", focusing on improving land use efficiency. According to the measures, families giving birth to a second child in Yinchuan will have their housing provident fund loan amount increased by an additional 200,000 yuan on top of the highest limit; families giving birth to three or more children will have an additional 300,000 yuan, helping families with multiple children improve their living conditions. Yinchuan also broadens the scope of policy benefits in terms of housing provident fund loan application qualifications, usage range, loan term, and business handling. For example, if an individual has already used a housing provident fund loan before marriage, they can apply for another housing provident fund loan as a family unit after marriage; the scope of housing provident fund usage extends to the individual, spouse, parents, children and other direct relatives for home purchases, and can also be used to pay for the deed tax of the purchased property; in line with the policy direction of delayed retirement, the loan term for male and female workers' housing provident fund loans is extended by 5 years each; the mechanism for handling the conversion of commercial housing loans to housing provident fund loans is optimized, allowing mortgage loans for commercial housing to be directly converted to housing provident fund loans.