Market confidence is gradually restored, private property developers are frequently appearing in the land auction market.

Since the beginning of this year, the land market has continued to heat up, with real estate companies focusing on core cities actively acquiring land, and some private real estate companies frequently participating in land auctions. It is reported that since May, multiple land parcels in cities such as Guangzhou, Chengdu, Changsha, and Fuzhou have been won by private real estate companies. Liu Shui, director of enterprise research at the China Index Research Institute, stated in an interview with reporters that the return of private real estate companies to the land auction market indicates that with the implementation of various "market stabilization" policies showing results, the real estate market in core cities has maintained a certain level of activity, market confidence is gradually recovering, and real estate companies have improved their expectations for the future market. In addition, this year, local governments have increased the supply of high-quality land parcels, releasing many parcels located in urban core areas with complete facilities, which has also increased the enthusiasm of private real estate companies to acquire land.