The authorities have preliminarily approved the construction plan for the high-speed rail extension to Yilan, which is expected to significantly reduce travel time from Nanjing to Yilan to just 20 minutes. This development is anticipated to benefit the regional real estate market by leveraging the improved transportation advantage. According to data from the Ministry of Interior's Real Estate Information Platform, the average housing price in Yilan County increased to 221,800 yuan per square meter in the first quarter of this year, up from 192,900 yuan per square meter in the same period last year.