国家统计局：房地产政策成效仍在显现

Group 1 - The core viewpoint is that the real estate market in China is showing signs of stabilization due to supportive policies aimed at releasing housing demand, despite some fluctuations in the market [1][2] - From January to October, the sales area and sales revenue of new commercial housing decreased by 6.8% and 9.6% year-on-year, respectively, but the decline has narrowed compared to the same period last year [1] - The inventory of unsold commercial housing has been steadily decreasing, with a reduction of 3.22 million square meters in October, marking eight consecutive months of decline [1] Group 2 - The financial situation of real estate companies has improved, with the decline in funds received by developers narrowing by 9.5% and 7.3% compared to the same period last year and the previous year, respectively [1] - The real estate market is still in a transitional phase, with housing prices in 70 major cities showing a decline both month-on-month and year-on-year in October [2] - The industry is encouraged to adopt a new development model for real estate, focusing on high-quality development while balancing short-term and long-term strategies [2]