The real estate market transaction stabilizes, and the land market shows signs of warmth

Recently, the real estate market has shown signs of stabilization. The transaction volume of both new and second-hand homes has risen in several hot cities, and the land market is gradually heating up, with frequent land auctions. At the same time, the capital market has also released positive signals. On February 27th, Da Ming Cheng hit the daily limit, with Hainan Highway, Country Garden, Chenxing Development, and Times China Holdings among the top gainers, indicating that market confidence is being restored. Zhang Dawei, chief analyst at Zhongyuan Real Estate, stated that with the advancement of relevant policies, the real estate market is experiencing a trend of "stopping the decline and stabilizing," but this is still a phase and structural issue. In the short term, the industry's "stopping the decline and stabilizing" requires the realization of multiple repair chains to truly achieve a positive cycle