“Market confidence is gradually being restored, and activity in housing consumption has increased. In particular, improving demand and the good performance of the second-hand housing market have provided important support for market stability.” Cai Sheng, party secretary and director of the Guangzhou Housing and Urban-Rural Development Bureau, said in an interview with reporters. In his view, the current stoppage and stabilization of the Guangzhou real estate market is not only the result of a series of policy optimizations and adjustments in the early stages and collaborative efforts between supply and demand, but also a direct reflection of the city's economic resilience and long-term positive fundamentals in the housing sector. Cai Sheng said that Guangzhou's goal is to continuously optimize the market environment, improve the housing security system, and ultimately achieve a new real estate development model with balance between supply and demand, reasonable structure, controllable risk, and stable prices through precise measures of “controlling growth, removing inventory, and improving supply”, in particular, using “good house” construction as the overall starting point.

“Market confidence is gradually being restored, and activity in housing consumption has increased. In particular, improving demand and the good performance of the second-hand housing market have provided important support for market stability.” Cai Sheng, party secretary and director of the Guangzhou Housing and Urban-Rural Development Bureau, said in an interview with reporters. In his view, the current stoppage and stabilization of the Guangzhou real estate market is not only the result of a series of policy optimizations and adjustments in the early stages and collaborative efforts between supply and demand, but also a direct reflection of the city's economic resilience and long-term positive fundamentals in the housing sector. Cai Sheng said that Guangzhou's goal is to continuously optimize the market environment, improve the housing security system, and ultimately achieve a new real estate development model with balance between supply and demand, reasonable structure, controllable risk, and stable prices through precise measures of “controlling growth, removing inventory, and improving supply”, in particular, using “good house” construction as the overall starting point.