Primary Taiwanese news agency Central News Agency (CNA) recently reported that, China’s real estate market remains sluggish, with the downturn expected to continue in 2026. China’s Index Academy, an official real estate market research institution, predicted in its “China Real Estate Market Outlook for 2026 Report” that the sales of newly built commercial housing will decrease by 6.2 percent year-over-year in 2026.
The Report points out that, under the government policy guidance of controlling new construction and optimizing existing stock, the new construction work is expected to decrease by 8.6 percent and the nationwide total real estate investment will decrease by 11 percent year-over-year in 2026.
Looking back at the Chinese housing market in 2025, the Report shows that the cumulative price of secondhand homes in 100 cities fell by 8.36 percent last year. Also, according to the latest statistics from China’s National Bureau of Statistics, from January to November 2025, national real estate development investment decreased by 15.9 percent year-over-year, with residential investment decreasing by 15 percent year-over-year, and the sales of newly built commercial housing decreased by 7.8 percent year-over-year.
A sluggish Chinese real estate market is dragging down economic growth. The International Monetary Fund (IMF) stated last December that, while China’s economic growth is showing resilience, weak domestic demand and deflationary pressures are making imbalances significant. The key policy priority is to shift towards a consumption-driven economic growth model, reducing over-reliance on exports and government investment.
Source: CNA, January 2, 2026
https://www.cna.com.tw/news/acn/202601020079.aspx