Secondhand Home Sales Active in Key Cities in 'Golden October' as Market Stabilization Still Needs Consolidation

Monthly real estate data released by several market institutions for October show that the traditional 'Golden September and Silver October' sales season has ended, with the property market displaying pronounced structural divergence. Among them, secondhand home transactions in key cities nationwide remained highly active in October, with core cities standing out especially. The new home market remains in a period of adjustment. Industry insiders noted that the vibrancy of the secondhand market confirms that genuine residential demand continues to be released in an orderly way, but the foundation for overall market stabilization still needs to be consolidated, and policy coordination must continue to be leveraged to shore up the trend toward stabilization and recovery. (Economic Reference Daily)