Relaxation of purchasing restrictions, shortening of social security benefits - What kind of signal does Shanghai's release of the "Shanghai Seven Regulations" in the real estate market indicate?

date
26/02/2026
The Spring Festival holiday of the Year of the Horse has just ended, coinciding with the traditional real estate market's "Golden March and Silver April" spring before the eve of the traditional Chinese New Year. Shanghai has launched the first shot of the new real estate policy in the Year of the Horse, releasing what signals? How will the heavyweight new policy affect homebuyers' decisions? As soon as the policy was released, there was an immediate positive change in the Shanghai real estate market. Zhang Tingfeng, a real estate agent responsible for a sector in Shanghai, said that about 30% of buyers with non-local household registration in his area belong to a relatively high cost-effective improvement sector outside Shanghai's outer ring. As soon as the policy was announced, many homebuyers who had been following the Shanghai real estate market immediately called. Chen Wenjing, director of policy research at Zhongzhi Research Institute, observed that this new policy significantly increases the amount of housing provident fund loans, with the highest amount for the first home reaching 3.24 million yuan. In addition, measures such as optimizing the number of housing provident fund sets and expanding support for home purchase for families with multiple children will further meet residents' rigid and improvement housing needs. Yan Yuejin, deputy director of the Shanghai E-House Real Estate Research Institute, stated that overall, the policy reflects further support for various housing needs, especially including demand for balanced work and living, livable and safe housing, and needs for improvement in essential housing. Considering the upcoming crucial time of "Golden March," combined with the basic adjustment of the current market, increasing expectations of stable house prices, and the combination of various favorable policies, it will promote further release of various types of home buying demands and the healthy development of various markets, especially promoting the smooth operation of the replacement chain. Li Yujia, chief researcher of the Guangdong Provincial Housing Policy Research Center, believes that Shanghai has taken the lead in launching the first new real estate policy of the Year of the Horse at the beginning of the Chinese New Year, with clear signals in terms of cost reduction, threshold lowering, and expectation improvement. The policy has strong targeting and will have a significant driving effect on the "Golden March" of the real estate market in March.