Core Viewpoint - The real estate industry is expected to stabilize after a significant downturn lasting five years, with policies aimed at supporting the market likely to reduce the overall decline this year [1] Industry Summary - The real estate sector has experienced a substantial adjustment since the second half of 2021, with notable declines in both new housing starts and transaction volumes [1] - The current adjustment in the real estate market is considered to be significant, but there are signs of recovery, particularly in the second-hand housing market in major cities [1] - The demand for new homes is anticipated to improve as the recovery in the second-hand market translates into increased demand for new housing [1] Company Summary - Longfor Group's CEO, Chen Xuping, indicated that the company is preparing for increased demand by actively managing product inventory [1] - The company has observed a resurgence in sales of high-end new properties located in prime areas, reflecting a shift in market dynamics [1]
龙湖集团CEO称房地产有望止跌回稳