China's Home Prices to Drop Further, Recovery Not Expected Until 2026: Reuters Poll
A recent Reuters poll indicates that China's home prices are projected to decline by 2.5% in 2025, with a slow recovery anticipated by 2026. Despite government efforts to stimulate demand, the property sector continues to grapple with structural challenges such as high housing inventory and low affordability. Analysts suggest that the recovery will be uneven, with major cities stabilizing sooner than lower-tier cities, which may face prolonged price declines.
- The persistent issues in China's property market highlight the complexities of economic recovery, raising questions about the effectiveness of government interventions in addressing deep-seated challenges.
- What alternative strategies could the Chinese government explore to revitalize the property market and restore consumer confidence in home ownership?