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The value of new-home sales from the 100 biggest real estate companies fell about 37.7% from a year earlier to 251.7 billion yuan ($35.9 billion), faster than the  in August, according to  from China Real Estate Information Corp. Transactions gained 0.2% from August. The weak data underscore why China\u2019s Politburo last week made its most  yet to stabilize the real estate sector. Three of China\u2019s so-called tier-1 cities swiftly followed through over the weekend by  rules for homebuying, with Beijing joining in on Monday. The  also allowed  of as much as $5.3 trillion of existing mortgages for millions of families. These efforts came after waning impact of the last  unveiled in May, when China lowered borrowing costs and eased down-payment requirements. Authorities are now reacting to warnings that China risks missing its economic growth target of about 5% for 2024.\u201cHomebuyers have stayed on the sidelines in September, watching for property stimulus,\u201d said Chen Wenjing, a research director at . \u201cHome-buying activity may pick up a bit in October after stepped-up support. However, more loosening is needed for the housing market nationwide to stop declining.\u201d WATCH: Inside China\u2019s Property CrisisOn Sunday, the trading hub of Guangzhou became the first tier-1 city to remove all housing restrictions, saying it would stop reviewing buyers\u2019 eligibility and no longer limit the number of homes owned. Shanghai, China\u2019s financial hub, and Shenzhen, the southern city known for its tech industry, said they will let more people purchase residences in suburban areas, and allow some others to buy more homes.<\/pre>\n<p><\/p>\n<div style=\"margin: 20px 0;\"><div class=\"qrcswholewtapper\" style=\"text-align:left;\"><div class=\"qrcprowrapper\"  id=\"qrcwraa2leds\"><div class=\"qrc_canvass\" id=\"qrc_cuttenpages_2\" style=\"display:inline-block\" data-text=\"https:\/\/news.tomjun.com\/?p=2490\"><\/div><div><a download=\"\u4e2d\u56fd9\u6708\u697c\u5e02\u9500\u552e\u4e0b\u6ed1\u52a0\u5267 \u9884\u671f\u523a\u6fc0\u653f\u7b56\u5c06\u51fa\u53f0.png\" class=\"qrcdownloads\" id=\"worign\">\r\n           <button type=\"button\" style=\"min-width:200px;background:#44d813;color:#000;font-weight: 600;border: 1px solid #44d813;border-radius:20px;font-size:12px;padding: 6px 0;\" class=\"uqr_code_btn\">\u6587\u7ae0\u4e8c\u7ef4\u7801<\/button>\r\n           <\/a><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"<p>9\u6708\uff0c\u4e2d\u56fd\u7684\u623f\u5730\u4ea7\u5e02\u573a\u906d\u9047\u4e86\u66f4\u4e3a\u4e25\u91cd\u7684\u4e0b\u6ed1\uff0c\u800c\u4e2d\u56fd\u653f\u5e9c\u968f\u5373\u63a8\u51fa\u4e86\u591a\u9879\u63aa\u65bd\uff0c\u65e8\u5728\u7a33\u5b9a\u6301\u7eed\u591a\u5e74\u7684\u623f\u5730\u4ea7\u4e1a\u5371\u673a\u3002\u6765\u81ea [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[79],"tags":[566,3875,507,2607,75],"class_list":["post-2490","post","type-post","status-publish","format-standard","hentry","category-79","tag-566","tag-3875","tag-507","tag-2607","tag-75"],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/2490","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2490"}],"version-history":[{"count":1,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/2490\/revisions"}],"predecessor-version":[{"id":2491,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=\/wp\/v2\/posts\/2490\/revisions\/2491"}],"wp:attachment":[{"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2490"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2490"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news.tomjun.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2490"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}