Core Insights - The article highlights the ongoing efforts and innovative policies implemented across various regions to stabilize and revitalize the real estate market as of the third quarter of 2025 [1][7]. Policy Measures - Over 470 real estate-related policies have been introduced across approximately 200 provinces and cities, with more than 120 policies launched in the third quarter alone [1]. - Key measures include the expansion of housing provident fund withdrawal options and targeted home purchase subsidies, particularly for families with multiple children [2][3]. Housing Provident Fund Adjustments - In the third quarter, around 60 adjustments to housing provident fund policies were made, including increased loan limits and extended repayment periods [2]. - Notably, Guangzhou has expanded the provident fund's applicability to second-hand homes, easing the financial burden for buyers [2]. Purchase Subsidies - Purchase subsidies have been significantly increased, especially for families with multiple children, with some regions offering subsidies amounting to tens of thousands of yuan [3]. Financial Innovations - Regions are encouraging commercial banks to provide "low monthly payment" financial products, which are expected to lower the barriers to home buying and boost market confidence during the traditional peak season [4]. Supply and Demand Improvements - Various regions are actively working to improve the supply-demand relationship by acquiring idle land and existing properties, and rationally supplying real estate land [5]. - As of September 27, over 4,600 idle land parcels have been earmarked for acquisition, covering more than 24 million square meters, with a total value exceeding 620 billion yuan [5]. Conversion of Existing Properties - Policies are being implemented to support the conversion of existing commercial properties into residential or public service uses, which can alleviate financial pressures on developers [6][7]. - The overall policy direction in the third quarter has focused on stimulating demand through refined provident fund and subsidy policies while accelerating the clearance of existing inventory [7].