Wang Xingping News Today

Potential homebuyers look at a property model in Taiyuan, Shanxi province. WEI LIANG/CHINA NEWS SER

China's real estate market is expected to become fully stabilized in the second half of 2024, ending a three-year adjustment period, if the latest rounds of highly supportive policy measures are well implemented to boost homebuyer confidence and ease liquidity stress among developers, experts said on Friday.

Chinese developers suffered another dismal month in March as new home sales tumbled 46 per cent from a year earlier. It would be premature to expect a turnaround amid an ongoing liquidity crisis.

New home prices in China are likely to fall this year due to limited effect of ongoing government support measures, a Reuters poll showed, with economists predicting the ailing market will need...

The poll, conducted Feb. 20-28, showed new home prices would decline 0.9% in 2024, versus 1.1% growth tipped in a previous poll in November. The property sector was once a key pillar of the world's second-largest economy but has lurched from one crisis to another since 2021 after a regulatory crackdown on high leverage triggered a liquidity crisis. "Progressive policy relaxation will reduce the market's sensitivity to policies, because homebuyers may worry that if new policies a...

By Liangping Gao and Ryan Woo BEIJING (Reuters) - New home prices in China are likely to fall this year due to limited effect of ongoing government support measures, a Reuters poll showed, with economists predicting the ailing market will need more...

Beijing and Shanghai issued their latest round of support measures last December to shore up confidence. The measures seem to have yielded solid results. But analysts say the trend is far from sustainable.

‘Beijing’s policy change around home purchases has important implications for the whole country,’ senior Fitch Bohua analyst says.

Prices of new homes in China are now expected to climb 3% this year after a slew of policy measures to support the countrys beleaguered property market, up from earlier expectations for prices to...

Prices of new homes in China are now expected to climb 3% this year after a slew of policy measures to support the country's beleaguered property market, up from earlier expectations for prices to be flat, a Reuters poll showed. Defaults on debt payments by many developers in China's cash-squeezed and highly indebted property sector have sparked fears of a broader financial crisis, weighed on consumer confidence and hindered economic growth. Authorities, particularly those in major c...