Wallstreetcn, citing Huatai Research, analyzed that two nationwide real estate policies introduced by China's central government since late August (the 828 sales system reform and the 929 resident mortgage interest subsidy) are driving the stabilization of the real estate sector. The report pointed out that after the policies were implemented, the market has shown positive changes, with a 33% year-on-year increase in the number of pre-owned home transactions at real estate agencies in 25 cities from October 1-13. It is expected that the transaction volume in the national real estate market will reach a new level by 2027, and housing prices in more cities will bottom out.