1. Ministry of Finance: Property tax revenue reached 83.1 billion yuan in January-February 2026, a year-on-year increase of 11.6%. 2. The effects of the "Shanghai Seven Measures" policy continue to unfold, with nearly 14,000 second-hand homes sold o

2026-03-20

1. Ministry of Finance: Property tax revenue reached 83.1 billion yuan in January-February 2026, a year-on-year increase of 11.6%. 2. The effects of the "Shanghai Seven Measures" policy continue to unfold, with nearly 14,000 second-hand homes sold online in the first 15 days of March. 3. Wuxi officially announced a marathon-running program offering up to 80,000 yuan in housing subsidies, applicable to 43 new housing projects. 4. Shaoxing's new housing policy: Families with three or more children can receive subsidies of up to 400,000 yuan, regardless of household registration. 5. New players emerged in land auctions, with supply decreasing in quantity but increasing in quality, and core plots seeing a resurgence in popularity. 6. US new home sales fell to their lowest level since 2022 in January.