Overview
- Non-local residents without a Beijing hukou can now buy homes after one year of consecutive city income-tax payments, reduced from two years.
- Families with more than one child are permitted to purchase an additional home in central districts inside the Fifth Ring Road.
- Second-home buyers using China’s housing provident fund face a lower minimum down payment of 25%, down from 30%.
- New-home prices in the capital have fallen month-on-month in recent months, increasing pressure on local authorities to support demand.
- The latest move follows August easing in suburban districts and comes as China Vanke pursues bond extensions and national officials plan city-specific stabilization efforts for 2026.