[In the first nine months of this year, the area of ​​online second-hand housing transactions nationwide increased by 10.7% year-on-year] October 9th, from January to September 2026, the area of ​​online second-hand housing transactions nationwide was 617.46 million square meters, a year-on-year increase of 10.7%. Behind the continued rise in second-hand housing transactions is the structural change that is taking place in the real estate market. Previously, on September 18, the State Council Information Office held a series of press conferences with the theme of "Starting the 15th Five-Year Plan". Zhang Xuetao, Director of the Real Estate Market Supervision Department of the Ministry of Housing and Urban-Rural Development, pointed out at the press conference that currently, the real estate market has undergone two changes: First, the supply and demand relationship in the real estate market has undergone major changes, and second, the real estate market has entered the era of stock. Judging from the data, the proportion of second-hand housing transactions nationwide has increased from 27% in 2020 to 46% in 2025. In the first eight months of this year, the proportion of second-hand housing transactions has reached 52%, officially marking the entry of real estate into the stock era. (China Construction News)