business / news / / South China Morning Post
Bank of America holds a positive stance on the sector and believes the ‘green shoots’ of a recovery are visible.
Bank of America now sees clear signs of sustained recovery in China's property market.
KEY POINTS
- 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
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