The “828 New Deal” combined with interest rate discounts for residents' home purchase loans officially came into effect on October 1, and the National Day property markets in many places performed brilliantly. According to data from the Hubei Provincial Housing and Construction Department, in the context of intensive implementation of policy packages and the spread of exhibition activities throughout the province, Hubei's golden autumn home buying season is in full swing. From October 1 to 3, sales of newly built commercial housing in Wuhan increased by more than 10% year on year; sales area and sales in Shiyan City all increased by about 13% year on year, and transactions in Jingzhou, Xiaogan, Suizhou and other places increased steadily year on year. The Guangdong property market is also very warm. According to the official WeChat “Foshan Housing and Construction” on October 4, during the National Day Golden Week, the number of visits, inquiries, and subscriptions to sales departments in the five districts of Foshan continued to rise. Driven by the mortgage interest rate discount policy that officially came into effect on October 1, a number of eligible cost-effective projects took the lead in receiving “dividends.” Among them, Poly China Jiaotong University Duhui is the first batch of properties to benefit from the new interest rate discount policy. The unit price is as low as 11,000 yuan/square meter combined with insurance promises, and more than 15 units have been sold since the first day of the National Day. Chengfadeng Lake Yueyuan sold 15 units during the two days of the holiday season, and the performance was equally impressive.

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