China’s 2022 property sector outlook worsens, home prices seen falling

BEIJINGĀ  – Woes in China’s residential property market are expected to deepen this year as homebuyers remain cautious, with economists now expecting home prices to fall in 2022 and betting on a faster drop in property sales than previously forecast. New home prices are expected to fall 1.4 percent in 2022, according to a Reuters … Continue reading China’s 2022 property sector outlook worsens, home prices seen falling