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China New Housing Policy

Workers are working at a real estate construction site in Wanxiang City, Huai'an City, East China's Jiangsu province, on May 17, 2024. On the same day, the People's Bank of China and the State Financial Regulatory Administration are jointly issuing a notice that the minimum down payment ratio of first and second home loans is being lowered to no less than 15% and no less than 25%, respectively. (Photo by Costfoto/NurPhoto)

Photo Details

Photo ID	#11246276
Date Taken	17 May 2024
Location	N/A
Photographer	Costfoto/NurPhoto
Category	Economy, Business and Finance
Copyright	© 2025 NurPhoto - Costfoto/NurPhoto

Related Keywords

real estate house construct loan bank HUAI'AN China real estate construction site Wanxiang City Huai 'an City Jiangsu province People's Bank of China State Financial Regulatory Administration notice minimum down payment ratio first home loans second home loans 15% 25% May 17 2024 workers East China financial policy real estate market housing loans economic measures banking regulations financial notice loan down payment property market mortgage policy construction industry housing finance regulatory changes economic policy real estate development.

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