Since 2022, the central government and various ministries and commissions have continued to release positive signals to maintain stability. Local governments have implemented policies based on the city, and the optimization and adjustment of policies at both ends of supply and demand have increased. According to statistics, in the first quarter of this year, local governments have issued annual policies related to real estate more than 100 times. However, from the perspective of policy effect, the capital pressure of enterprises has not been substantially improved, and the default of some enterprises has further exacerbated the wait-and-see mood of home buyers, Market confidence has not been effectively repaired, superimposed on the multi-point sporadic impact of China's epidemic, the "little sunny spring" of the property market did not appear in March. In the second quarter, what aspects of real estate regulation and control policies will be put into force, whether the national real estate market can usher in a comprehensive stabilization, and whether there is a late "little spring" has become the focus of attention from all walks of life.