1 January eight categories of imported materials drop tariffs According to Chinese news reports

building, since January 1, 5000 a number of imported products tariff adjustments, including residential Bupin with a total of eight major categories of building materials.

1, the tariff from 45% to Youmianzhuan 34%;2, marble from 24% to 19%;3, porcelain is from 30% to 24%;4, kitchen utensils from 30% to 24%;5, windows from 16% to 12.4%;6, Chinese tamarisk from 8% to the cover sheet with 4%;7, from 22% to 14.7%;8 household wood furniture, stainless steel furniture from 18% to 16%.

tariff reduction is the largest Youmianzhuan were whereabouts 11 percentage points. According to the State MOFTEC sources, reduction of tariffs to imported products implemented step by step, in the future, the appropriate time, will have more residential building materials Bupin with the reduction of import tariffs.

real estate industry believes that the accession to the WTO, import tariffs were lowered overall product trends to stabilize the real estate development costs have a positive role, but also more conducive to the promotion of international new technology, new processes and new products are applied to the domestic residential development, thereby significantly improving the quality of domestic living.

from January 1 of this year, import tariff adjustment 8 major categories of products are more than decoration and ornamental materials, high-grade property in the current use more, so that future developers to this expenditure will be in varying degrees to reduce high tariffs. The source further pointed out that from the beginning of this year, blank Housing market will gradually fade, with the decoration of the Housing popular, and thus more decoration materials reduce import tariffs meaning unusual, the ultimate beneficiaries or property buyers.

2 overall reduction of mortgage rates

current interest, the deposits of financial institutions by 0.25 percentage points per annum on average; Individual purchase commercial loans interest rates 0.54 percentage points, which, within five years with five years or more loans dropped to 4.77% and 5.04% per annum respectively. It should be noted that the current rate, does not include Provident Fund loans.

interest rates would directly benefit those who purchase alleviate pressure owing on the loan. It is estimated that on February 21, for 100,000 yuan, 30-year commercial loans, a total of 12,060 yuan may reduce interest payments. Bank staff told the house, before it was signed on February 21 "loan contract", but not their bank loans, the banks may re-signed with the "loan contract," a new rate. Needs to be noted is that the house is now in a period owing on the loan, in 2002, still the original rate of interest owing on the loan until January 1, 2003 onwards side by the adjusted rate. This is the "individual housing loans management approach," defined. As lenders, they should clarify a vague understanding, not to adjust interest rates in the month that, according to the new rates of interest banks will.

Industry insiders believe that lower interest rates can directly reduce the financial costs of developers to help promote sales performance optimization, while also stimulating the part of investors funds to the housing sector. But for ordinary residents, the rates are yet to influence the specific observation.

rate adjustment and, of the amount owing on the loan changes are attached.

3 January housing transaction fees downward

1 31, the State Development Planning Commission and Ministry of Construction issued the "norms on issues related to housing transactions fees notice", from March 1 onwards housing transfer fee charged by the housing construction area, the new commodity housing three yuan per square metre, six yuan per square metre of housing stock. New procedures for the transfer of commercial housing costs borne by the transferor, the transfer fee from the transfer of housing stock both by the commitment of housing 50%; charge.

the "Circular" while providing housing rental charges discrete charge, at 100 yuan, from lessors commitment.

"Circular" noted that the above criteria for the maximum fees, localities may on the basis of the actual situation, identify specific charges. New charges since March 1 onwards. Let us look at this

Beijing housing transfer fees collection criteria : newly purchased commodity housing construction less than 120 square metres of space at 500 / Shan collection, over 120 square metres at 1,500 yuan / Shan of 2003. Housing and secondary transfer fees early this year cancelled.

This new policy introduced new commodity housing to the greatest impact. In a construction area of 100 square metres of commercial housing, for example, if on March 1 after the signing of the "purchase contract", the housing fees only pay 300 yuan, 200 yuan more than in the past reduced; Further 130 square metres of commercial housing, for example, housing transaction fees to 1,110 yuan less than in the past.

current practices to reduce the transaction fees for Shanghai, Guangzhou, Shenzhen and other cities almost no real estate play a forward role in the areas of property transactions is already far below the national standard taxes and fees. But the influence of capital market is quite direct. According to the source, the "imperial sword" The introduction of direct capital market "chronic disease" Put down your objective will help market the threshold, and promote capital market relentless find out where, optimizing management tools, regulate market behavior, encourage investment and home ownership. Yangzhe Siu