Real estate market and legal gaps need to be addressed
In an overall assessment of market developments in 2023, many real estate management and research units believe that although many positive changes have been seen, real estate supply and transaction volumes remain limited compared to 2022. Real estate businesses continue to face lingering difficulties. The Ministry of Construction has proposed a series of specific solutions to promote the healthy and sustainable development of the real estate market, with special emphasis on institutional improvements and addressing legal gaps.