# Bank of America holds a positive stance on the sector and believes the ‘green shoots’ of a recovery are visible.

*business · news · 2026-05-01 · South China Morning Post*

## Key points

- Bank of America now sees clear signs of sustained recovery in China's property market.
- Price declines over 30 percent since 2021 have increased affordability for buyers, aiding recovery.
- Secondary market listings have decreased from peak levels, easing selling pressure across China's market.
- Transaction momentum is now shifting from the secondary to the primary market, especially for entry-level homes.

**Companies:** Bank of America
**Countries:** China, United States

[Read the full story on South China Morning Post](https://www.scmp.com/business/article/3352045/green-shoots-appear-china-property-banks-turn-bullish-after-5-year-bear-market)

---

Canonical: https://newsio.io/n/46fff4b3-19cb-4cff-912a-ca74b276f21a/bank-of-america-holds-a-positive-stance-on-the-sector-and-believes-the-green-sho
Summarized by Newsio from South China Morning Post. https://newsio.io/how-it-works