The State Information Office held a series of press conferences on the theme of the “Start and Start 'Fifteen Five-Year Five'” series. A relevant person in charge of the Ministry of Housing, Urban-Rural Development explained that currently, there are “two transformations” in the real estate market. One is that the relationship between supply and demand in the real estate market has changed significantly; the other is that real estate has entered the inventory era. The share of second-hand housing transactions has increased from 27% in 2020 to 46% in 2025. It has already reached 52% in the first 8 months of this year, and more than 50% marks the entry into the inventory era. During the “15th Five-Year Plan” period, the Ministry of Housing, Urban-Rural Development will actively adapt to the new situation and changes in real estate, coordinate risk prevention and promote transformation, coordinate the benefits of people's livelihood and steady growth, accelerate the construction of a new model of real estate development, improve the housing system combining multi-agent supply, multi-channel guarantee, and rental and purchase, and promote high-quality real estate development. In commercial housing sales, promote the existing housing sales system, solve the “one hand pays, one hand hands the house” problem in project sales, achieve “what you see is what you get”, and fundamentally prevent delivery risks. Sales of existing homes are the general trend. Judging from data from the National Bureau of Statistics, the sales area of existing homes has maintained positive growth in recent years, and its share of the sales area of new homes is increasing year by year. Priority is given to the sale of existing homes for new projects, and the land, finance, tax and other support policies for the project are used in an integrated manner; where pre-sales are implemented, the supervision of pre-sale funds is improved to effectively safeguard the legitimate rights and interests of buyers.
Zhitongcaijing · 2d ago
Share
Listen to the news
The State Information Office held a series of press conferences on the theme of the “Start and Start 'Fifteen Five-Year Five'” series. A relevant person in charge of the Ministry of Housing, Urban-Rural Development explained that currently, there are “two transformations” in the real estate market. One is that the relationship between supply and demand in the real estate market has changed significantly; the other is that real estate has entered the inventory era. The share of second-hand housing transactions has increased from 27% in 2020 to 46% in 2025. It has already reached 52% in the first 8 months of this year, and more than 50% marks the entry into the inventory era. During the “15th Five-Year Plan” period, the Ministry of Housing, Urban-Rural Development will actively adapt to the new situation and changes in real estate, coordinate risk prevention and promote transformation, coordinate the benefits of people's livelihood and steady growth, accelerate the construction of a new model of real estate development, improve the housing system combining multi-agent supply, multi-channel guarantee, and rental and purchase, and promote high-quality real estate development. In commercial housing sales, promote the existing housing sales system, solve the “one hand pays, one hand hands the house” problem in project sales, achieve “what you see is what you get”, and fundamentally prevent delivery risks. Sales of existing homes are the general trend. Judging from data from the National Bureau of Statistics, the sales area of existing homes has maintained positive growth in recent years, and its share of the sales area of new homes is increasing year by year. Priority is given to the sale of existing homes for new projects, and the land, finance, tax and other support policies for the project are used in an integrated manner; where pre-sales are implemented, the supervision of pre-sale funds is improved to effectively safeguard the legitimate rights and interests of buyers.
Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
What's Trending