CITIC SEC's Research Reports indicate that the current Real Estate market has preliminarily achieved a stabilization after a decline, but the stabilization is still not solid and requires further policy support. From the demand-side perspective, future increment policies in the Real Estate market may mainly reflect further reductions in mortgage loan rates, further declines in provident fund loan pricing, and increased limits for personal income tax loan interest deductions. From the supply-side perspective, increment policies may reflect accelerated acquisition of existing idle land through special bonds and further intensification and acceleration of monetary relocation for urban village renovation. In terms of macroeconomic running, November economic data shows that production-side data remains strong, while demand-side data has seen some decline, making it likely that the actual GDP growth target of 5% for the entire year of 2024 will be successfully achieved.