China property market outlook gloomier

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property market

Reuters

•

Business

Business & Economics

China's home prices to drop further, recovery not expected until 2026

Summary

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80% Informative

Analysts expect the stabilisation of China 's property market will be a protracted process due to high housing inventory, still bearish demand and a long-term population decline.

The poll found that property sales were likely to have declined more than projected in November 's forecast.

At its peak in 2021 , the sector accounted for around a quarter of the economy.

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formal

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English

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not offensive