China Real Estate Market Analysis Report: Q4 2025
New home sales continue to weaken, but 2026 may bring a rebound in the market.
Despite Chinese central and local governments adding supportive policies to revive housing demand, our researchers expect new home prices to bottom in 2025 before market conditions improve and property prices begin to stabilize in 2026. Homebuyer sentiment continues to be negative, due to factors like falling home prices, employment uncertainties, and mortgage payments, but expected additional policy tailwinds should improve the housing market in the coming years.
Morningstar’s Q4 2025 China Real Estate Market report analyses the country’s real estate policies, home supply and demand, real estate financing and credit, property management, and more.
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.
