Property Market Chartbook, March 2022

China’s property sector is at a critical juncture, with sales and housing prices now declining sharply, piling financing pressure upon developers. Construction momentum is clearly decelerating and policy support for the sector has been hampered by the resurgence of COVID outbreaks and lockdowns. The announced delay of property tax trials is a small consolation, but it also allows speculators time to exit their positions rather than incentivizing them to return to the market.

Posted March 22, 2022
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