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المشهد العربي
China housing prices keep falling
Housing prices in China have experienced a noticeable decline amid the ongoing five-year downturn in the real estate sector. The prices of new homes decreased by 0.17% across 70 cities, while the value of resold homes dropped by 0.31%. These declines come as the government is implementing structural reforms, including requiring developers to offer completed properties instead of pre-sales and providing financing options with loan terms of up to 40 years. These measures aim to restore confidence and stimulate the housing market. Analysts emphasize that these efforts represent a structural shift rather than a temporary boost, and it may take time for their effects to directly materialize in the market.
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