According to CoinMeta, recent real estate monitoring data released by several market institutions for October indicate that the traditional peak sales season, known as "Silver October," has come to an end, and the real estate market has shown significant structural differentiation. In October, the second-hand housing market in key cities across the country remained quite active, with core cities performing particularly well; however, the new housing market is still in the adjustment phase. Industry insiders point out that the activity in the second-hand housing market confirms that the genuine demand for housing is still being released in an orderly manner, but the foundation for the overall market to stabilize still needs to be consolidated. Moving forward, it is necessary to continue to leverage the synergistic effects of policies to solidify and repair the stabilizing trend.