房地产市场周报：多部门政策组合拳发力，近期楼市销售有所回暖

Investment Rating - The report indicates a positive outlook for the real estate market, suggesting that the market is showing signs of recovery due to supportive policies [1][8]. Core Insights - Recent policies have led to a rebound in property sales, with a 15.28% increase in transaction area in 30 major cities week-on-week [1][8]. - The report highlights that the sales area of new residential properties from January to September 2023 decreased by 17.1% year-on-year, indicating ongoing challenges in the market [9]. - The government plans to add 1 million units through monetary compensation for urban village and dilapidated housing renovations, which is expected to boost market activity [9]. - The financial regulatory authority has announced that all housing project loans will be included in a "white list," facilitating easier access to financing for qualified projects [9]. Summary by Sections 1. Weekly Insights - The report notes that the real estate market is experiencing a marginal recovery, particularly in core cities, driven by recent policy measures [1][8]. - The sales area in major cities has shown a significant increase, with first-tier cities leading the way [1][8]. 2. Recent Policy Dynamics and Key News - From January to September 2023, the total sales area of new residential properties was 70,284 million square meters, down 17.1% year-on-year [9]. - The Ministry of Housing and Urban-Rural Development announced plans to implement 1 million new units for urban village and dilapidated housing renovations [9]. - The financial regulatory authority confirmed that all housing project loans will be included in a "white list" to streamline financing [9]. 3. High-Frequency Data on the Property Market - The report tracks property sales, indicating a week-on-week increase in transaction volume and area in major cities [13][17]. - The cumulative sales area for new residential properties from January to September 2023 was 70,284 million square meters, reflecting a year-on-year decrease of 17.1% [17]. 4. Land Market High-Frequency Data - The land supply and transaction volume have decreased, with 610 plots supplied and 290 plots sold in the week of October 14-20, 2024 [29][30]. - The total area of land supplied was 2,965.55 million square meters, down 13.12% week-on-week and 38.08% year-on-year [30].