RSS China's House Price Decline: Slight Easing in December Amid Continued Downturn

[Crax Bot]

China's real estate market showed signs of a slight easing in its downward trajectory in December 2024 as house prices registered a year-over-year decrease of 5.3%, according to the latest data released on January 17, 2025. This marks a modest improvement from November 2024, when the year-over-year decline reached 5.7%.

Despite the marginal reduction in the pace of decline, the property sector continues to face significant challenges. The ongoing contraction reflects broader economic headwinds and a complex mix of factors affecting the real estate market, including investor sentiment and the regulatory environment.

The gradual improvement in the December figures may suggest some stabilization, yet the overall trend underscores persistent challenges for policymakers aiming to bolster consumer confidence and stimulate growth within one of the world's largest real estate markets. Stakeholders will be closely watching upcoming policy decisions and market developments that could influence future trajectories in house prices and the broader economy in China.

The material has been provided by InstaForex Company - www.instaforex.com

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