Jinwu Finance News | Mainland real estate stocks generally rose, Zhongliang Hldg (02772) up 10.34%, Ch Ovs G Oceans (00081) up 8.3%, China Jinmao (00817) up 6.9%, Agile Group (03383) up 4.12%, Midea Real Est (03990) 3.77%.

HTSC research indicates that according to E-House data, in September, the monthly sales volume of the top 100 real estate companies decreased by 38.1% year-on-year, expanding by 10 percentage points compared to August. In the first 9 months of this year, the cumulative sales volume of these real estate companies decreased by 34.1% year-on-year. However, compared to the first 8 months, this decline narrowed by 3.9 percentage points, indicating an adjustment in new home sales in September. At the end of September, from the 29th to the 30th, real estate policies in four first-tier cities were quickly introduced, seen as a positive signal. These new policies may help stabilize the real estate markets in first-tier cities first and have a positive impact on market sentiment. As of September 29th, the volume KMI index for new homes and second-hand homes in 50 cities monitored by Ke Holdings platform was 43.3 and 39.5 respectively, representing a 16% and 17% increase compared to the previous period. These forward-looking indicators show a rebound in the recent activity of the new and second-hand housing markets. In the future, close attention is needed to the actual effects of the new policies after implementation.