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<CN Home>Wuhan Launches Home Purchase Incentives; Full Subsidy on Deed Tax for First-Time Homebuyers
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The Wuhan Housing and Urban Renewal Bureau issued the "Notice on Continuously Promoting the Stable and Healthy Development of Our City's Property Market", announcing that home purchase incentives, including a full subsidy on deed tax for first-time home buyers, will be provided from yesterday (1st) to the end of this year.

A relevant official from the bureau stated that the new policy aims to stabilize the property market and prevent further declines. Efforts will be made to improve policies related to land, finance, and taxation, and to promote the development of a new real estate model. This will further meet the rigid and improved housing needs of residents and promote the stable and healthy development of the city's property market.

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