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The real estate market handed in its report card for the "mid-year exam" at the end of June. According to research by the China Index Research Institute, in the first half of this year, the total sales of four real estate companies exceeded one trillion yuan, decreasing by two compared to the same period last year, while the number of billion-yuan real estate companies increased by two to a total of 46. In terms of land acquisition and investment expansion, the total land acquisition by the top 100 enterprises was 506.55 billion yuan, an increase of 33.3% year-on-year. Liu Shui, the director of corporate research at the China Index Research Institute, analyzed that in terms of market performance, new and existing home sales in key cities in June both increased compared to the previous month, but still declined year-on-year. In terms of market trends, the real estate market is still in a period of fluctuation and adjustment, and it is expected that the urban differentiation trend will continue in the second half of the year. Meanwhile, the combination of "good cities and good houses" presents structural opportunities, but stabilizing the market as a whole still requires further policy support. Regarding the market in the second half of the year, some real estate companies have also expressed positive intentions. Longfor Group told reporters that in the second half of the year, under the premise of ensuring debt repayment security, Longfor will opportunistically acquire new land and adjust the supply to market changes to focus on high-quality cities and continue to select the best projects. (Huaxia Times)