Core Insights - The real estate market in Wuhan experienced a significant increase in sales in October, with a total sales area of 1.2543 million square meters, representing a month-on-month growth of 17.4% [1] - The new housing sales area reached 1.1416 million square meters, showing a remarkable month-on-month increase of 38.78%, and the number of signed units was 10,447, up 49.56% month-on-month [1] - The positive impact of new real estate policies and promotional activities during the National Day holiday contributed to the market's recovery, leading to a "Silver October" effect [1][3] Market Performance - The marketing manager reported that the first phase of the project sold 60 units for a total sales amount of 192 million yuan, while the second phase sold 63 units with a sales amount of 263 million yuan, indicating a steady increase in customer visits and a shorter sales cycle [2] - Buyers have shown increased interest in high-quality residential projects, with a noticeable rise in foot traffic during October [2] Policy Impact - The "Han Eight" policy adjustments have optimized regulations regarding purchase limits, credit, and taxes, effectively lowering the cost of home buying [3] - The combination of government subsidies, developer discounts, and promotional activities during the home buying festival has successfully stimulated market activity, creating a positive cycle of policy, market, and consumer confidence [3]