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Story summary
- China's home prices are projected to decline 4.0% in 2026, a sharper drop than the previously estimated 2.8%, due to high inventories and the property downturn since 2021.
- Analysts say stronger policy support is needed to stabilize the market, including improved labor conditions and fewer unsold homes.
- Despite previous policy measures, housing demand remains low, with property investment expected to fall 10.3% and sales 6.5% this year.
