Source: China – South China Morning PostChina’s vast property market is expected to continue to decline at least through the next year, according to S&P Global Ratings.
“We estimate nationwide primary property sales will fall 8 per cent in 2025 and between 6 to 7 per cent in 2026, as overall demand remains soft,” said Edward Chan, director at S&P Global Ratings, at a webinar on Thursday.
This will continue to put pressure on Chinese developers, many of which are going through the challenge of delivering homes, while maintaining their…Read More