Yan Yuejin, research director of Yiju Research Institute, may introduce more massive property market stimulus policies in July.

[Yan Yuejin, Research Director of Yiju Research Institute: July may introduce more important housing market stimulus policies]-Yan Yuejin, research director of Yiju Research Institute, said that the latest real estate development investment and sales data released by the National Bureau of Statistics from January to May 2023 show that at present, both the investment side and the sales side of real estate development are facing greater pressure. The market is in dire need of policies that are more powerful, easily absorbed and effective. Summing up the national real estate market data in May before 2023, we can see that the performance of both supply and demand of the industry is relatively "cold". This shows that we have to make clear a market signal recently: the pressure or risk in the real estate market has not been relieved very well. In view of the current macroeconomic situation and the property market situation, the real estate industry as a whole must be stable, and it is suggested that all localities should speed up the introduction of more substantial easing policies. Only by thoroughly activating the demand for house purchase can we promote the full recovery of the investment side of development and the capital side of the enterprise. We expect a heavier stimulus around July. (Zhongxin longitude and latitude)