China’s real estate woes look set to get worse before they get better, raising the prospect of a miserable year for property shares despite a recent bounce.
Property developers in the country are still suffering from a yearslong slump that has sapped the confidence of potential buyers, caused a sharp decline in house prices and left millions of homes unfinished. Economists think both home prices and sales in the country will fall next year. The best they can say: the decline may be slower than it was in 2024.
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