China’s Housing Crisis Deepens Amid Slumping Prices and Sales
TL;DR Summary
China's real estate market is experiencing a significant downturn, with over 90% of cities seeing month-to-month price declines since late 2023 and a 14% drop in the residential home price index since August 2021, driven by structural weaknesses, regulatory restrictions, and developer debt, although high-end markets like Shanghai still attract wealthy buyers.
- Visualizing China’s Real Estate Market Downturn Visual Capitalist
- Resale home prices drop at faster pace in China, private survey shows Reuters
- China Home Sales Slump Persists as Calls Grow for More Stimulus Bloomberg.com
- Two Housing Crashes The Library of Economics and Liberty
- China’s housing crisis is worse than it seems The Japan Times
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