Reported about 11 hours ago
In January 2025, China's housing market continued to struggle, as both new housing sales and prices for existing homes saw further declines. The average price for existing residential properties dropped over 7% year-on-year, according to the China Index Academy. The sales value of the top 100 real estate developers fell nearly 17% compared to last year. Despite recent government efforts to stimulate the market, analysts anticipate that property sales and prices will continue to decrease, albeit at a slower rate than in 2024.
Source: YAHOO