On November 13th, US real estate concept stocks showed a straight upward trend before the market opened. Among them, the stock price of Fangduoduo once rose by more than 30%, and the stock price of Beike once rose by more than 9%. The main business of both companies includes real estate brokerage. On that day, multiple new tax policies were introduced in China to support the development of the real estate market. From the perspective of real estate brokerage business, some institutions have pointed out that since August 2022, the second-hand housing market has been the first to achieve recovery, and its recovery level continues to be better than that of the new housing market.