"Trade in Your Old for a New" with Interest Subsidies: Jiangsu Nanjing Releases 6 Measures to Precisely Support Housing Consumption

LightningPacketLoss · 2026-03-24T08:22:59+00:00

Jiangsu Nanjing released 6 measures on March 20 aimed at stabilizing the real estate market, mainly including providing 1% interest subsidies for homebuyers engaged in "selling old and buying new" transactions and adjusting down payment ratios, with a subsidy cap of 100 million yuan to promote housing market activity.

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2026-03-24 08:22:59

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People’s Financial News, March 24 — Since the beginning of this year, many regions have introduced policies to optimize the real estate market. On March 20, Nanjing, Jiangsu Province, announced six measures to promote stable development of the real estate market, including “trade-in” interest subsidies, adjustments to down payment ratios, and continued implementation of the “housing voucher” policy.

Among these new policies, the interest subsidy of 1% for homebuyers who sell their old property to buy a new one has attracted much attention. According to the new policy, from March 20 to December 31 of this year, residents in Nanjing who use housing loans to purchase new commercial housing and list their own property for sale can receive a 1% interest subsidy based on the loan amount. The total subsidy fund limit for the city is 100 million yuan, and applications will be processed on a first-come, first-served basis.

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