Visitors view a model showcasing scientific housing construction planning at the 2025 CIFTIS in Beijing on September 10, 2025. Photo: Li Hao/GT

China's top housing authority emphasized the need to stabilize the real estate market, with key measures including city-specific policies to control new housing supply, reduce inventory, and optimize supply, according to a post published on the ministry's website on Tuesday.

The new measures will be combined with high-quality urban renewal and the renovation of urban villages to revitalize and utilize existing land resources, and efforts will also be made to promote the purchase of existing commercial housing for use as affordable housing, resettlement housing, dormitories, talent apartments, and other purposes, Minister of Housing and Urban-Rural Development Ni Hong said at a national work conference held in Beijing from Monday to Tuesday.

The work conference comprehensively reviewed work carried out in 2025, systematically summarized the achievements in housing and urban-rural development during the 14th Five-Year Plan (2021-25) period, and studied and outlined the key tasks for the 15th Five-Year Plan (2026-30) period and for 2026.

The meeting pointed out that in 2026, efforts should focus on four key areas: advancing the construction of modern people-centered cities, stabilizing the real estate market, accelerating quality upgrades in the construction industry, and strengthening the foundational support for high-quality development, according to the post.

Regarding stabilizing the real estate market, Ni called for optimizing and precisely implementing the supply of affordable housing, implementing projects to enhance housing quality, and advancing the construction of "good houses" in an orderly manner. He also emphasized further leveraging the "whitelist" system for real estate projects to support the reasonable financing needs of real estate enterprises.

Ni said that city governments should fully utilize their autonomy in real estate regulation, adjust and optimize real estate policies in a timely manner, support residents' rigid and improved housing demand, and ensure the stable operation of the real estate market. 

Efforts should also be accelerated to build a new model for real estate development, establish foundational systems in an orderly manner, and implement the corporate system for real estate development projects.

In the sale of commercial housing, the system of selling completed homes will be promoted to achieve "what you see is what you get," in order to mitigate delivery risks. For those continuing to implement pre-sales, supervision of pre-sale funds will be regulated to effectively safeguard the legitimate rights and interests of homebuyers, the minister said.

Global Times