Since the beginning of this year, the clearance of the real estate intermediary industry has accelerated. According to relevant statistics, 642 intermediary stores have been closed in Shenzhen in the first nine months of this year. A number of data show that the real estate intermediary industry is going through a downturn, and the third-quarter results of listed real estate agents KE Holdings Inc., Fangdd Network Group Ltd., I love my family and other companies show that the scale of second-hand housing transactions is shrinking rapidly. Some people in the industry believe that accelerating the clearance of the real estate intermediary industry is not necessarily a bad thing. In the past years, during the downward cycle of the industry, real estate intermediary companies have taken many measures to reduce costs, such as salary cuts, layoffs, shop closures and so on. (CCTV Finance)