Deepening downturn expected in China’s property market for 2024-2025

• Reuters poll: China home prices growth expected at -8.5% y/y in 2024 (vs -5.0% forecast in May poll).
• Reuters poll: China home prices growth expected at -3.9% y/y in 2025 (vs 0.0% forecast in May poll).
• Reuters poll: China property sales expected at -16.0% y/y in 2024 (vs -10.0% forecast in May poll).
• Reuters poll: China property investment expected at -10.3% y/y in 2024 (vs -10.0% forecast in May poll)

This article was written by Arno V Venter at www.forexlive.com.