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China's Home Sales Set to Plummet 11.2% Amid Economic Woes

1/2/2026

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Story summary
  • In 2026, China's new home sales are projected to decline 11.2% in November.
  • Fitch Ratings analyst Lulu Shi attributes the decline to weak homebuyer confidence and economic conditions.
  • Capital Economics warns that structural issues in China's economy, such as property downturns and overcapacity, will persist.
  • U.S. President Donald Trump has criticized the Federal Reserve.
  • Trump's trade policies and the evolving U.S.-China relationship could raise tariffs and complicate 2026 dynamics.