With many drastic government policies, China's real estate sector has begun to show positive changes recently.
 |
| The Chinese government will continue to make efforts to prevent a downturn and restore stability to the property market. (Source: Reuters) |
Signs of gradual stabilization are emerging in the real estate market in first-tier cities and some second-tier cities. The ratio of inventory to commercial housing sales is expected to gradually decline in 2025.
In the Chinese government's Work Report 2025, the country stressed its commitment to ensuring stability in the real estate market.
The Chinese government's focus on the real estate sector will help boost market confidence, facilitate the rapid implementation of relevant policies for the sector, and enhance coordination among other ministries.
By the end of 2024, China's real estate investment will have reached 10 trillion yuan ($1.4 trillion), with nationwide property sales last year also approaching 10 trillion yuan. Housing sales and investment contribute about 15% to GDP.
China's real estate market in 2025 is expected to have slight improvements related to
It is expected that this year, the price of newly built commercial housing will decrease by about 1% compared to last year, while the price of used housing may decrease by about 2%, marking a significant narrowing of the decline in housing prices compared to 2024.
In its 2025 Work Report, the Chinese government stressed that it will continue to make efforts to prevent recession and restore stability in the real estate market; redevelop urban villages and renovate dilapidated houses…
Source: https://baoquocte.vn/trung-quoc-tap-trung-on-dinh-thi-truong-bat-dong-san-307804.html
Comment (0)