At present, the urbanization rate of first-tier and second-tier cities is quite high, the golden period of real estate has passed, and almost all domestic bridges and dams are under construction; This is especially true in the western construction industry. China's real estate industry began to enter the Great Depression after the barbaric and crazy growth, and the real estate market shrank sharply. Since the beginning of this year, the state's reaffirmation of the status of the real estate industry and the continuous introduction of real estate stimulus policies are beneficial to the overall national market, but the real estate market is still in a downturn.
Official data from the National Bureau of Statistics also show that the sales price and transaction area of real estate in third-and fourth-tier cities such as Luoyang and Jining have declined.