New housing policy overlaying with May Day holiday, real estate markets in many regions heating up.

On April 30, the Housing and Urban-Rural Development Bureau of Wuhan, Hubei Province, in conjunction with multiple departments, announced the "Han Seven Measures" new real estate policy, including measures such as relaxing the requirements for first-time home buyers, increasing housing credit support, optimizing housing provident fund policies, and increasing support for the purchase of commercial properties. During the recent May Day holiday, the real estate market in Wuhan showed a positive response. Starting from April 30, several regions in Guangdong also officially implemented a new round of real estate optimization and adjustment policies. Coupled with the May Day holiday, customer visits to various real estate developments in Guangzhou and Shenzhen have increased. On April 13, Wuxi, Jiangsu Province, issued a notice and related implementation details on providing subsidies for various talents to purchase homes in the city. Since the implementation of these new policies, the real estate market has continued to heat up.