Group 1 - In 2025, multiple cities in the province introduced new real estate policies, stimulating both new and second-hand housing markets, with new housing transactions remaining lower than second-hand due to a focus on inventory reduction [1] - The total number of second-hand homes sold in Suzhou reached 57,650 units in 2025, with peak transactions occurring in March, and the Kunshan area accounting for the highest share at 28% [1] - The most popular second-hand housing size was between 90-120 square meters, making up over 32% of transactions, while the average transaction price began to gradually rise over three months starting from the fourth quarter of 2025 [1] Group 2 - In 2025, new housing transactions in Suzhou totaled 21,443 units, also peaking in March, with the Xiangcheng district leading in sales at over 23% [1] - Similar to second-hand homes, the 90-120 square meter range was the main contributor to new housing sales, accounting for over 34% of the total [1] - The price range of 2-3 million yuan saw the highest proportion of new housing transactions, reaching nearly 30% [1] Group 3 - As of December 2025, the Ministry of Finance and the State Taxation Administration announced a reduction in the value-added tax rate for residential properties sold within two years, which is expected to activate demand for improved housing and promote the circulation of second-hand homes [2] - The analysis from the Shell Research Institute indicates that the new policy will support market stabilization and recovery in 2026, which is deemed a critical year for real estate [2] - It is anticipated that in 2026, various policy tools will be employed to stabilize the real estate market, contributing to qualitative and quantitative economic growth [2]