China’s property downturn is expected to deepen despite slight price improvement

China’s home prices are expected to fall 3.4% in 2026, a marginal improvement from an earlier forecast, but the country’s property sector has yet to stabilize, a poll of 11 institutions found.

Property investment is projected to shrink 20% this year, while floor-area sales are expected to drop 10%. Economists said improvement in major cities would likely have limited effect on lower-tier markets, where prices continued to search for a bottom.

The prolonged downturn has continued to weigh on China’s broader economy as policymakers focus on limiting financial risks, completing unfinished projects and reducing excess housing inventory.

Read the full story at wtvbam.com.