On December 30, Glonghui reported that Huang Yu, CEO of China Real Estate Index Holdings, pointed out that policy optimization has led to the release of demand, and some cities have lifted purchase restrictions to attract home buyer demand. The next phase focuses on the implementation and execution of policies, with governments and enterprises at all levels encouraged to take proactive measures. Cities with a reasonable supply-demand relationship have greater potential, and the real estate markets in the CNI Yangtze Index and CNI Zhujiang Index are showing more significant recovery. The overall real estate market is characterized by excess supply, but there are significant differences in supply-demand relationships among different cities. Currently, China's real estate has entered a new phase where incremental and existing properties operate in parallel, requiring the Real Estate Industry to undergo transformation and upgrading.