民生直通车丨二手房交易占主导，我国房地产市场呈现逐步企稳的态势

Core Viewpoint - The Chinese real estate market is gradually stabilizing, with second-hand housing transactions becoming dominant due to various policy adjustments and incentives [1][2][3] Policy Adjustments - Various cities have implemented measures such as purchasing subsidies, housing consumption vouchers, and optimized land supply to support the real estate market [1][2] - Over 60 cities have introduced policies to support rigid and improved housing demand, including adjustments to housing credit policies [2][3] Market Trends - From January to October, the transaction area of second-hand houses increased by 4.7% year-on-year, with second-hand houses accounting for 44.8% of total transactions [1] - The total transaction volume of new and second-hand houses has remained stable, indicating the effectiveness of local policies [2] Land Supply - Cities are controlling new land supply while optimizing existing land use, with examples including Shenzhen and Hangzhou focusing on quality residential land [3] - Cities like Shanghai, Shenzhen, and Wuhan have seen significant year-on-year growth in second-hand housing transactions [3] Shift in Market Dynamics - The real estate market is transitioning from a focus on new housing to second-hand housing as urbanization stabilizes [3] - The demand for second-hand housing is driven by young people and new residents, who prefer properties that are well-located and ready for immediate occupancy [3][4]