Basic resolution of the risk of difficult real estate delivery.
Several real estate companies recently disclosed their data for the delivery of houses by 2025, and they stated that the work of delivering the houses is nearing completion. By the end of the 14th Five-Year Plan period, approximately 7.5 million "sold but undelivered" housing units have been successfully delivered nationwide. Among them, Country Garden has delivered approximately 1.85 million units, and other real estate companies such as Greenland, Sunac, Zhongnan Land, Xin Cheng, and Xuhui have also delivered tens of thousands of units. The problem of "delivery difficulties" nationwide has been effectively alleviated. Several officials from real estate companies have also stated that the task of delivering the houses has been basically completed. Yan Yuejin, deputy director of the E-House Research Institute, pointed out that risks in the real estate industry have begun to converge, and signs of the housing market reaching a bottom are becoming clearer. Some cities, especially first-tier cities, have shown signs of stabilization.
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