On February 27th, with one end connected to the economy and the other to people’s livelihoods, real estate is the focus of attention at the annual Two Sessions. The Central Economic Work Conference held at the end of last year clearly proposed to continue to vigorously promote the real estate market to stop falling and stabilize by 2025, which is also the primary task that the Ministry of Housing and Urban Rural Development will focus on this year. It can be foreseen that “stopping the decline and stabilizing” will become a hot topic in the real estate industry at this year’s Two Sessions. Industry experts interviewed by reporters believe that since the fourth quarter of last year, multiple indicators of the real estate market have shown a trend of stabilizing and stopping the decline. Overall, the current market demand is showing a phased and structural recovery. To further consolidate the phased achievements and achieve the goal of stabilizing this year, we must first continue to optimize and effectively implement the policies and measures that have been introduced. At the same time, we need to reserve and introduce incremental policies as soon as possible. Local governments should form a joint force with the central government to work from both the supply and demand sides. (Securities Times)
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