Client Challenge

China’s Home Prices Decline for 24th Month Despite Policy Support

China’s official data showed on June 16 that new home prices fell in major Chinese cities in May, continuing a two-year-long trend of stagnation in the property sector. The ongoing housing slowdown is occurring at a time when a trade war with the United States is impacting China’s factory output. New residential property prices in China’s four first-tier cities fell by 0.2 percent in May compared to the previous month, while second-tier and thir…

China housing demand to stay at 75% below 2017 peak, Goldman says

Gloomy forecast casts another shadow over the future of China’s stagnant property industry. Read more at straitstimes.com.

No respite in China’s property crisis as new home prices drop for 24th month

Prices in the secondary market fell at a faster pace as analysts say impacts from Beijing’s policy support are waning.

China Home Prices Fall at Faster Pace as Officials Vow Support

China’s new-home prices fell the most in seven months in May, underscoring why senior government officials are renewing pledges to revive the property market.

China housing demand to stay at 75% below peak, Goldman says

China’s demand for new homes in cities is expected to stay at 75 per cent below its 2017 peak in the coming years due to a shrinking population and expectations of price declines that have been hurting investment interest, according to Goldman Sachs.

China Home Prices Decline at Steepest Pace in 7 Months - Mingtiandi

Home prices in China declined more quickly in May, as a prolonged housing slump continued to weigh on the world’s second-largest economy despite successive rounds of policy support measures. An index of new home prices in 70 major Chinese cities... Read More>> The post China Home Prices Decline at Steepest Pace in 7 Months appeared first on Mingtiandi.