China Real Estate Market Analysis Report: Q4 2025
New home sales continue to weaken, but 2026 may bring a rebound in the market.
China’s real estate sector remains under pressure. Despite added support from central and local governments, new home prices are expected to bottom out in 2025 before stabilizing in 2026. Homebuyer sentiment remains negative due to factors such as falling home prices, employment uncertainties, and mortgage payments. Still, analysts expect additional policy tailwinds to improve market conditions over the next few years.
Morningstar’s Q4 2025 China Real Estate Market Analysis examines the latest real estate policies, trends in home supply and demand, real estate financing and credit conditions, property management developments, and broader economic factors affecting the sector.
What are the most common risks and opportunities for investors in the current China real estate market? What are the most common risks and opportunities for investors in the China real estate market? Download the report to find out—and what short- and long-term considerations may influence your portfolio strategy.
