Core Insights - The "14th Five-Year Plan" period has seen significant achievements in high-quality housing and urban construction, with a focus on sustainable development and improving living conditions for citizens [2][4]. Housing Market Performance - During the "14th Five-Year Plan," approximately 5 billion square meters of new residential properties were sold nationwide, with over 11 million units of various types of affordable housing constructed, benefiting over 30 million people [2]. - The secondary housing market is expanding, with 15 provinces and cities reporting higher transaction volumes than new homes [2]. Construction Industry Transformation - The construction industry is undergoing a transformation towards industrialization, digitalization, and sustainability, with a total output value reaching 32.7 trillion yuan and an added value of 9 trillion yuan by 2024 [3]. Urban Renewal and Community Development - Over 240,000 old urban communities have been renovated, benefiting more than 40 million households and 110 million people [4]. - Significant infrastructure improvements include the installation of 129,000 elevators and the addition of over 340,000 parking spaces [4]. Quality Housing Standards - New housing standards have been implemented, raising the minimum floor height from 2.8 meters to at least 3 meters and mandating elevators in buildings over four stories [7]. - A national housing design competition has attracted nearly 2,000 proposals, focusing on both new constructions and renovations [8]. Innovative Building Materials and Techniques - The promotion of new building materials, including green materials, aims to enhance housing quality and reduce waiting times for residents [9]. - A comprehensive operational manual has been developed to ensure that new housing meets specific quality and safety standards [10]. Lifecycle Management and Community Services - A safety management system for the entire lifecycle of buildings is being established, alongside initiatives to improve property services and address residents' concerns [11]. Real Estate Market Stability - The stability of the real estate market relies on the effective allocation of resources related to people, housing, land, and finance, with ongoing efforts to develop housing plans based on population changes [12].

Core Insights - During the "14th Five-Year Plan" period, approximately 5 billion square meters of new residential properties were sold nationwide [1] - The existing housing market is expanding, with over 15 provinces, regions, and municipalities experiencing higher transaction volumes in second-hand housing compared to new homes [1] Policy Support - The government is increasing policy support for homebuyers, including reductions in down payment ratios and interest rates for housing provident funds and commercial bank loans [3] - Tax incentives are being provided for residents who sell old homes to buy new ones, including tax refunds, lower deed tax rates, and the cancellation of distinctions between ordinary and non-ordinary residential properties [3] - Various local governments are implementing city-specific policies, including home purchase subsidies and other incentives to reduce the cost of home buying for residents [3]