Storyline: Stimulus policies boost sales in China's real estate market [Voice_over] New data from China’s Ministry of Housing and Urban-Rural Development shows that from January to October of this year the total transaction volume of new and second-hand homes nationwide remained stable. Experts noted that while the overall housing market remains in flux, the effects of various policies introduced earlier this year have helped boost sales, including interest rate cuts and a major liquidity injection. At a new housing sales center in Beijing's Fengtai District, clients seemed eager to make purchases. [Sound_bite] Ms. Jiao, potential home buyer: "I've viewed many houses and found the price here acceptable. I want to sign a purchase agreement of intent today." [Voice_over] And although housing prices are down, data shows that the decline has lessened, with the decrease in newly constructed commercial residential housing across 70 major cities narrowing for 13 consecutive months since last October. [Sound_bite] Yu Xiaofen, dean, China Housing and Real Estate Research Institute, Zhejiang University of Technology: "This reflects that market confidence is recovering, and the market has gradually moved away from blind fluctuations towards rational stability. This is mainly reflected in the fact that policies are no longer simply aimed at stimulating scale expansion, but rather at focusing on high-quality development and guiding the market back to its essential role of providing housing." [Voice_over] Plans for the future of the country’s real estate market, as laid out in the recommendations for the 15th Five Year Plan, include improving the housing supply to meet people’s different needs, as well as improving the financial system for housing sales and market risks. [Restrictions: No access Chinese mainland]