In March, among the 15 large and medium-sized cities, the sales prices of newly built commercial homes and second-hand homes increased month-on-month in 3 and 70 cities, respectively. The number of cities where house prices rose in March is a direct reflection of market conditions. The stabilization of housing prices is related to the policy promotion since the fourth quarter of last year. The better-than-expected trend of house prices in the first quarter will have a positive impact on the housing companies, Yan Yuejin said.