In the first quarter, the confidence in the real estate market recovered rapidly, and transaction activity increased. Many indicators showed marginal improvement compared with the fourth quarter of last year. This shows that the policies to stabilise the economy and real estate are gradually taking effect.
Therefore, the stability and continuity of real estate control policies should be further maintained, and relevant measures should be optimised according to city policies. After more than a year of overall downward trend, the real estate market ushered in a recovery in the first quarter of this year.
It should also be noted that after a previous surge in home purchase demand, the transaction volume in some cities has recently dropped slightly. Therefore, more effective measures should be taken to consolidate the momentum of stabilisation and recovery in the real estate market.
