Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Information Office that the real estate policy for the first three quarters played a positive role in stopping the decline and stabilizing the real estate market. Although the growth rate declined from January to September, the decline did not expand. The decline in real estate sales and monetary growth has been narrowing for several months in a row. Judging from these data, we believe that the effects of real estate policies are driving the real estate market towards stabilization.

Sheng Laiyun, deputy director of the National Bureau of Statistics, said at the press conference of the State Information Office that the real estate policy for the first three quarters played a positive role in stopping the decline and stabilizing the real estate market. Although the growth rate declined from January to September, the decline did not expand. The decline in real estate sales and monetary growth has been narrowing for several months in a row. Judging from these data, we believe that the effects of real estate policies are driving the real estate market towards stabilization.