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Yesterday, the real estate sector hit bottom and rebounded. As of the closing, Savills rose by more than 6%, and once hit the daily limit during the session. Sanxiang Impression, 52Home, Shenzhen Property A, TEDA Services, Shenzhen Zhenye A and others followed suit. On the news front, the State Financial Supervision and Administration Bureau stated at a press conference that since the beginning of this year, banking institutions have maintained a steady growth in financing for the real estate industry. From January to July this year, commercial banks issued 3.1 trillion yuan in new personal housing loans, effectively supporting residents' rigid and improved housing needs. At the same time, the press conference mentioned that at present, in order to do a good job in ensuring the delivery of houses, the coordination mechanisms of various cities are fully understanding the information of real estate projects under construction that have been sold but not delivered in their locations.In addition, Chen Wenjing, director of market research at China Index Academy, said that according to statistics from China Index Academy, about 60 cities have expressed support for state-owned enterprises to purchase existing commercial housing for use as affordable housing, of which more than 25 cities have issued solicitation notices. While the scope of participating cities in "storage" is expanding, the "storage" work in various places is also moving from expressing support to preparing for solicitation and project implementation.Guotai Junan Securities said that the current risk resolution in the real estate market has entered the latter stage. In the early stage, it was mainly to ensure delivery and prevent financial risks steadily. Now, it has entered the final stage of inventory disposal, and it is also necessary to pay attention to the reinvestment of real estate companies after the disposal of projects. So far, with the support of central and local policies, the risk resolution of the real estate market has been steadily promoted and achieved good results. Past policies were more targeted at projects that have been sold. At present, the resolution of unsold inventory is the key to the follow-up, and this is not only for private enterprises, but also for central and state-owned enterprises. They also need to destock projects on hand, and the housing rate policy will help promote inventory reduction. At the same time, as inventory reduction progresses, it is necessary to further track the reinvestment of projects after they are destocked. Maintain the configuration suggestions at both ends of the sector. On the one hand, choose leading companies with low leverage, and on the other hand, pay attention to the progress of restructuring. (This article is from China Business Network)