Core Viewpoint - The recent guidelines from the Central Committee emphasize the importance of improving people's livelihoods and promoting common prosperity in the real estate sector, indicating a shift back to the residential nature of housing as a major consumer good and a necessity for people's lives [2] Group 1: High-Quality Development in Real Estate - The primary focus for high-quality development in real estate is the establishment of foundational institutional frameworks, including independent project development entities and a lead bank system to ensure accountability and financial oversight [2] - The government is actively promoting the current housing sales system, with a projected 30.8% of national housing sales area being current sales by 2024, which fundamentally mitigates delivery risks [3] - A "market + guarantee" supply system is being constructed to address the needs of new citizens, young people, and migrants, who are the main consumers of housing, while also considering their changing income and employment situations [3] Group 2: Quality Standards and Housing Supply - The construction of "good houses" is a key focus, with the implementation of the "Residential Project Standards" that define safety, comfort, sustainability, and intelligence as essential quality indicators [4] - In the context of a stock market era, the emphasis is on improving operational maintenance quality, including the implementation of housing quality enhancement projects and property service quality improvement actions [5] - A comprehensive safety management system for the entire lifecycle of housing is proposed, which includes housing inspections, insurance, and maintenance funds to ensure long-term safety and functionality [5] Group 3: Strategic Shift in Real Estate - The transition to high-quality development in the "14th Five-Year Plan" period has laid a foundation for the "15th Five-Year Plan," focusing on risk prevention and moving away from old models [6] - The real estate sector is expected to play a crucial role in expanding domestic demand, serving as a link in the investment strategy that combines investment in physical assets and human capital [6] - The new supply will be driven by new demands, fostering a positive interaction between consumption and investment, as well as supply and demand, thereby enhancing the internal dynamics and reliability of the domestic economy [6]