国泰海通｜地产：政策改革促稳提质，好房建设新程启航——中央经济工作会议地产表态解读

Group 1 - The core viewpoint emphasizes the importance of stabilizing the real estate market, which has become the primary focus of policy discussions, indicating a clear and sustained commitment to prevent fluctuations in the market [1][2] - Supply-side issues and housing security have emerged as the second key focus, with policies aimed at controlling new land supply and promoting the acquisition of existing properties for affordable housing, suggesting a shift towards utilizing existing stock rather than new construction [2][3] - Demand-side support is highlighted as the third key focus, with reforms in the housing provident fund system and initiatives to stimulate housing demand, although there is a noted absence of previous mentions of urban village and dilapidated housing renovations [2][3] Group 2 - The development model has been identified as the fourth key focus, with an acceleration in the construction of a new real estate development model, indicating a transition from exploration to deeper implementation of policies aimed at optimizing supply and stabilizing demand [3]