Economic Daily: Promote stable and healthy development of the real estate market.

On January 19th, the National Bureau of Statistics released an overview of the national real estate market in 2025, as well as the changes in the sales prices of residential properties in 70 large and medium-sized cities in December 2025. The "report card" for the real estate market in 2025 has been revealed. The data indicates that the real estate market in China showed a trend of bottoming out and adjustment in 2025. It should be noted that there has been a significant change in the supply-demand relationship in the real estate market in China, shifting from strong demand to structural oversupply. Although the real estate market is overall in an adjustment period, some cities and regions have achieved notable sales performance. Prime locations in first-tier cities with "good houses" are still selling out quickly. The resale market in some cities is active, with a noticeable increase in transaction volume. It will take time to digest inventory and clear the market. The transformation of the development potential and space of the real estate market into current development momentum and confidence also requires a process. We should have confidence in the future development of the real estate market, continuously improve and stabilize expectations in the real estate market, and promote steady, healthy, and high-quality development of the real estate market.