Fine-tuned moves to shore up realty sector

Policy revisions in top cities to inspire similar actions in next-level markets

Optimized homebuying measures introduced recently in cities including Beijing, Shanghai and Guangzhou, and white lists of property projects to better meet the reasonable financing requirements of developers, will promote the stable and healthy development of the real estate market, industry experts said.

The fine-tuned home purchasing policies are expected to boost market activity after the Chinese Lunar New Year, with some cities possibly seeing a mild sales pickup in spring, said Guo Xinyu, an analyst with the China Index Academy.

The policy revisions in top-tier cities Guangzhou, Shanghai and Beijing may inspire similar actions in first — and key second-tier cities, Guo said.