First-tier and hot-spot cities such as Shanghai, Guangzhou, and Suzhou are at the forefront of this round of relaxation of purchase restrictions. The number of consultations has increased, and the industry is looking forward to more transactions after the year.

Non-Shanghai residents who have paid social insurance or personal income tax in Shanghai continuously for 5 years or more can purchase only one house in areas outside the outer ring. The five new cities of Jiading, Qingpu, Songjiang, Fengxian and Nanhui have become key beneficiary areas of the New Deal.