房屋市场一直被看好，具有巨大发展潜力，国务院取消福利分房后，房地产市场已经趋于活跃。(汉译英)

Here is a detailed English translation:

The real estate market has always been viewed optimistically and has huge development potential. After the State Council canceled welfare housing distribution, the real estate market has become more active.

The housing market has long been regarded with optimism and possesses enormous growth potential. Since the State Council abolished the policy of allocating public housing and welfare housing, China's real estate market has become much more vibrant. With the termination of this decades-long policy that assigned housing to employees of government agencies and state-owned enterprises, the property sector is now driven by market forces. This shift to a free market for home sales and purchases has stimulated greater activity as buyers and developers respond to supply and demand. Market liberalization has unleashed pent-up demand, attracting investment and fueling a boom in housing construction nationwide. Though risks of overheating exist, the property industry is thriving and seen as an engine of economic growth. With rising incomes and urbanization, China's real estate sector is expected to maintain its upward trajectory in the years ahead.