住建部：把握供求关系重大变化新形势 推动房地产高质量发展

Core Viewpoint - The national housing and urban-rural construction work conference highlighted the focus on stabilizing the real estate market during the "14th Five-Year Plan" period, with an emphasis on high-quality development and addressing supply-demand relationships in the sector [1][3]. Group 1: Market Overview - During the "14th Five-Year Plan," approximately 5 billion square meters of new residential properties are expected to be sold, with over 11 million units of various types of affordable housing and urban renewal projects completed, benefiting over 30 million people [3]. - The "15th Five-Year Plan" will focus on accurately understanding significant changes in the supply-demand relationship in the real estate market to promote high-quality development [3]. Group 2: Policy Directions - The Central Economic Work Conference emphasized the need to stabilize the real estate market through city-specific policies aimed at controlling new supply, reducing inventory, and optimizing supply [7]. - By 2026, efforts will be made to stabilize the real estate market through various measures including land supply and storage [7]. Group 3: Land and Housing Strategy - In cities with real estate surplus, new land acquisition for real estate development will be halted, focusing instead on urban renewal and utilizing existing land to promote affordable housing and other types of residential projects [9]. - The Minister of Housing and Urban-Rural Development indicated that the sales strategy will shift towards promoting the sale of existing homes, prioritizing the sale of completed properties for new land development projects [13]. Group 4: Development Model - The Minister emphasized the importance of balancing current and long-term strategies, top-level design, city-specific policies, market and security, rental and purchase, and the relationship between new and existing developments to ensure a smooth transition to new development models [11].