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CIA Predicts Commercial Housing Sales Area in CN to Drop ~6% Next Yr, May Still in Bottoming Phase Overall
2024-12-19 14:26:19 The China Index Academy (CIA) said in an article that policy reinforcement is expected to drive recovery in expectations in 2025, but the revival of the mainland real estate market will still face many challenges, and the overall market may still be in a bottoming phase. In a neutral scenario, the commercial housing sales area across China is projected to decrease by about 6% next year. The pace of market sales recovery will depend on the advancement and implementation of existing policies, especially the monetization of 1 million renovation units across urban villages and the policy of acquiring existing housing stock. ~ AAStocks Financial News Web Site: www.aastocks.com | |