<p>北京市政府进一步放宽了购房限制，降低了个人所得税的缴纳门槛，并允许多子女家庭购买额外的房产。\n 业内专家表示，此举被视为 2026 年预计出台的更多全国性支持政策的前奏，旨在振兴疲软的房地产市场。\n 根据本周早些时候在北京举行的全国会议，中国计划在其第十五个五年计划中稳定全国房地产市场，该计划将于 2026 年启动。\n 北京出台的政策也被视为全国其他地区的基准，长江商学院会计与金融教授、房地产专业人士刘静表示。\n 非北京户口居民，或没有正式居住身份的人，现在在完成至少两年连续的地方所得税或社会保障缴纳后，有资格在五环路内购房，此前的要求为三年。\n 根据北京市住房和城乡建设委员会及其他部门周三发布的指导方针，五环路外购房的资格门槛已降低至一年税款缴纳，之前为两年。\n\n“这一支持政策将产生积极效果，但其直接影响仍然有限，” 刘静表示。“房地产市场的核心在于供需动态。稳定房地产市场是锚定经济基本面的关键措施，我预计将出台更强有力的措施。”\n 刘静补充说，降低利率等政策可能对房地产市场产生实质性影响，但这些政策需要数万亿人民币的财政支持。\n 中国的房地产行业曾是经济增长的支柱，自 2021 年下半年以来一直处于下行轨道。疲软的房屋销售和价格下跌削弱了消费者信心，给房主带来了压力。\n 新政策还允许拥有两个或更多孩子的家庭在北京市中心购买额外的住房。具体而言，北京户口家庭可以在五环路内拥有最多三处房产，而拥有至少两年连续地方税款缴纳的非北京户口家庭可以在该地区购买两处住房。\n 在北京，140 平方米（1,507 平方英尺）以上的二手房交易量保持增长。根据北京市住房委员会的数据，北五环路外的四居室二手房交易份额正在增加。\n 来自中原地产研究院的数据表明，北京约 80% 的新住宅交易集中在五环路外的区域，这些区域也是二手房交易的核心区域。\n“随着政策的实施，五环路外新房的刚性需求预计将推动访客流量和交易量的初步回升，” 中原地产首席分析师张大伟表示。\n“新政策预计将强化这一趋势，加速五环路内改善型住宅的去库存，” 张大伟说。\n 此外，使用中国住房公积金贷款的二手房购房者最低首付比例将从 30% 降至 25%。\n 根据北京市统计局的数据，2025 年前三季度，北京的新住宅销售总量为 492 万平方米，同比下降 8.2%，而纯商业住宅单位销售达到 347 万平方米，同比增长 20.1%。\n 自北京新政策实施以来，咨询量几乎没有变化，北京朝阳区一家房地产中介的代表表示，要求匿名。\n 该中介补充说，新政策出台后，通常会出现观望情绪，市场的下行趋势不太可能通过政策措施轻易逆转。尽管真实需求仍会转化为购房，但政策对吸引投资者进入市场的作用不大。\n 另一位在北京西城区的房地产中介表示，自新政策推出以来，一些潜在买家已开始看房，但他们也采取了观望态度。\n“购房者不再进行恐慌性购买，而是以更理性的态度接近市场，” 该中介表示。</p>

<p>北京地方政府放宽了购房限制，以刺激疲软的房地产市场。变化包括降低所得税支付门槛，并允许多子女家庭购买额外的房产。这一举措被视为 2026 年预计出台的国家政策的前奏。该政策旨在稳定房地产市场，是中国第十五个五年规划的一部分。尽管采取了这些措施，专家认为市场的复苏仍然依赖于供需动态和进一步的强有力政策</p>

<p>The Beijing municipal government has further relaxed home buying curbs by lowering the threshold for individual income tax payments and by allowing multi-child families to purchase extra properties.\nThe move was seen as a precursor to more national supportive policies expected in 2026 aimed at shoring up the sluggish property market, an industry expert said.\nChina aims to stabilise the nation’s property market as part of its 15th Five-Year Plan, which kicks off in 2026, according to a national conference held in Beijing earlier this week.\nThe policies rolled out in the national capital of Beijing were also seen as a benchmark for the rest of the country, said Liu Jing, a professor of accounting and finance, specialising in real estate, at Cheung Kong Graduate School of Business in Beijing.\nNon-Beijing hukou residents, or those without official residency, are now eligible to buy homes within the Fifth Ring Road, a major expressway around the city, after completing at least two consecutive years of local income tax or social security payments, down from a three-year requirement previously.\nThe eligibility threshold for homes purchased outside the Fifth Ring Road has been lowered to one year of tax payments, down from two, according to guidelines issued on Wednesday by the Beijing Municipal Commission of Housing and Urban-Rural Development and other authorities.\n\n“This supportive policy will deliver positive effects, yet its direct impact remains limited,” Liu said. “At its core, the property market hinges on the dynamics of supply and demand. Stabilising the property market is a crucial measure to anchor economic fundamentals, and I expect more robust measures will be rolled out.”\nLiu added that policies such as cutting interest rates could have a tangible impact on the property market, but such policies required trillions of yuan in financial support.\nChina’s property sector, once a pillar of economic growth, has been on a downward trajectory since the second half of 2021. Sluggish home sales and declining prices have dented consumer confidence and taken a toll on homeowners.\nThe new policy also allows families with two children or more to purchase an extra home in downtown Beijing. Specifically, Beijing-hukou households can own up to three properties within the Fifth Ring Road, while non-Beijing-hukou families with at least two consecutive years of local tax payments can buy two homes in the area.\nIn Beijing, transaction volumes of pre-owned units larger than 140 square metres (1,507 sq feet) have maintained their growth. Four-bedroom second-hand properties outside the North Fifth Ring Road have seen a growing share of transactions, according to the Beijing Municipal Commission of Housing.\n\nData from Centaline Property’s research institute shows that about 80 per cent of Beijing’s new residential property transactions are concentrated in areas outside the Fifth Ring Road, which are also core districts for second-hand home deals.\n“As the policy takes effect, rigid demand for new homes outside the Fifth Ring Road is expected to drive the initial pickup in visitor footfall and transaction volumes,” said Zhang Dawei, chief analyst of Centaline Properties in Beijing.\n“The new policy is expected to reinforce this trend and accelerate destocking of improvement-oriented residential properties within the Fifth Ring Road,” Zhang said.\nIn addition, second-hand homebuyers using loans ‍from China’s housing provident fund will only have to make a minimum down payment of 25 per cent, down from 30 per cent.\nIn the first three quarters of 2025, Beijing’s new residential property sales volume totalled 4.92 million square metres, down 8.2 per cent year on year, while pure commercial residential unit sales reached 3.47 million square metres, up 20.1 per cent on a yearly basis, according to the Beijing Municipal Bureau of Statistics.\nSince Beijing’s new policy was rolled out, there has been little change in the volume of inquiries, according to a representative at a real estate agency in Beijing’s Chaoyang district, who requested anonymity.\nThe agent added that a wait-and-see sentiment typically sets in after a new policy launch, and that the downward trend in the market was unlikely to be easily reversed by policy measures. While real demand would still translate into home purchases, the policies would do little to draw investors into the market.\nAnother property agent in Beijing’s Xicheng district said some potential buyers have viewed properties since the new policy was introduced, but they are also taking a wait-and-see approach.\n“Homebuyers are no longer making panic purchases. Instead, they are approaching the market with greater rationality,” the agent said.\n</p>
<div class="lb-trans"><p>北京市政府进一步放宽了购房限制，降低了个人所得税的缴纳门槛，并允许多子女家庭购买额外的房产。\n 业内专家表示，此举被视为 2026 年预计出台的更多全国性支持政策的前奏，旨在振兴疲软的房地产市场。\n 根据本周早些时候在北京举行的全国会议，中国计划在其第十五个五年计划中稳定全国房地产市场，该计划将于 2026 年启动。\n 北京出台的政策也被视为全国其他地区的基准，长江商学院会计与金融教授、房地产专业人士刘静表示。\n 非北京户口居民，或没有正式居住身份的人，现在在完成至少两年连续的地方所得税或社会保障缴纳后，有资格在五环路内购房，此前的要求为三年。\n 根据北京市住房和城乡建设委员会及其他部门周三发布的指导方针，五环路外购房的资格门槛已降低至一年税款缴纳，之前为两年。\n\n“这一支持政策将产生积极效果，但其直接影响仍然有限，” 刘静表示。“房地产市场的核心在于供需动态。稳定房地产市场是锚定经济基本面的关键措施，我预计将出台更强有力的措施。”\n 刘静补充说，降低利率等政策可能对房地产市场产生实质性影响，但这些政策需要数万亿人民币的财政支持。\n 中国的房地产行业曾是经济增长的支柱，自 2021 年下半年以来一直处于下行轨道。疲软的房屋销售和价格下跌削弱了消费者信心，给房主带来了压力。\n 新政策还允许拥有两个或更多孩子的家庭在北京市中心购买额外的住房。具体而言，北京户口家庭可以在五环路内拥有最多三处房产，而拥有至少两年连续地方税款缴纳的非北京户口家庭可以在该地区购买两处住房。\n 在北京，140 平方米（1,507 平方英尺）以上的二手房交易量保持增长。根据北京市住房委员会的数据，北五环路外的四居室二手房交易份额正在增加。\n 来自中原地产研究院的数据表明，北京约 80% 的新住宅交易集中在五环路外的区域，这些区域也是二手房交易的核心区域。\n“随着政策的实施，五环路外新房的刚性需求预计将推动访客流量和交易量的初步回升，” 中原地产首席分析师张大伟表示。\n“新政策预计将强化这一趋势，加速五环路内改善型住宅的去库存，” 张大伟说。\n 此外，使用中国住房公积金贷款的二手房购房者最低首付比例将从 30% 降至 25%。\n 根据北京市统计局的数据，2025 年前三季度，北京的新住宅销售总量为 492 万平方米，同比下降 8.2%，而纯商业住宅单位销售达到 347 万平方米，同比增长 20.1%。\n 自北京新政策实施以来，咨询量几乎没有变化，北京朝阳区一家房地产中介的代表表示，要求匿名。\n 该中介补充说，新政策出台后，通常会出现观望情绪，市场的下行趋势不太可能通过政策措施轻易逆转。尽管真实需求仍会转化为购房，但政策对吸引投资者进入市场的作用不大。\n 另一位在北京西城区的房地产中介表示，自新政策推出以来，一些潜在买家已开始看房，但他们也采取了观望态度。\n“购房者不再进行恐慌性购买，而是以更理性的态度接近市场，” 该中介表示。</p>
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Beijing municipality eases home purchase curbs to shore up sluggish market

- 北京市政府进一步放宽购房限制，降低个人所得税门槛。  
- 多子女家庭可购买额外房产，政策预计为 2026 年全国支持性措施铺路。  
- 购房意愿变化明显，市场依然处于观望状态，实际需求转化为购买的影响有限。

北京市放宽购房限制以提振低迷的市场