Reported about 5 hours ago
China's property sector is facing further declines in home prices and a slow recovery isn't projected until 2026, according to a recent Reuters poll. Analysts expect a 2.5% decrease in home prices this year and a modest recovery in the following years, heavily influenced by high housing inventory and declining demand. Despite government efforts to stabilize the market, the outlook remains challenging, particularly in lower-tier cities, leading to concerns about structural challenges within the real estate sector.
Source: YAHOO