China Index Academy: In the next stage, the new home market may continue its bottoming-out and recovery trend, while second-hand home transactions are expected to maintain a certain level of activity.

Zhito Finance APP has learned that the China Index Academy stated in a report that September marks the traditional peak marketing season. Real estate enterprises continue to maintain a certain scale of project launches in core cities, and coupled with the sustained release of the effects of earlier demand-side policies, the overall market remains stable. Looking ahead, the new home market may continue its bottoming-out and recovery trend, with quality projects in core cities maintaining good absorption rates; second-hand home transactions are expected to remain somewhat active, with prices mainly fluctuating within a narrow range; the land market will overall continue its cautious pattern. The current market is still in a phase of understanding the new policies and policy alignment, with some local implementation rules and enforcement standards yet to be clarified. The impact of the new policies still needs to be observed in light of local detailed rules and the market supply-demand structure.