First reported 8 Nov 2026 · updated 14h ago · 1 source · One established outlet
Beijing’s latest property stimulus package has failed to stop a downward spiral in home transactions and prices in mainland China’s lower-tier cities, which could prompt top regulators to roll out stronger incentives to reinvigorate the weak market. According to data compiled by the China Real Estate Index System (CREIS), prices in the country’s third- and fourth-tier cities dropped 2 per cent year on year in October for new homes, while prices of lived-in residential units slumped 6.5 per...
China · Other
Beijing’s latest property stimulus package has failed to stop a downward spiral in home transactions and prices in mainland China’s lower-tier cities, which could prompt top regulators to roll out stronger incentives to reinvigorate the weak market. According to data compiled by the China Real Estate Index System (CREIS), prices in the country’s third- and fourth-tier cities dropped 2 per cent year on year in October for new homes, while prices of lived-in residential units slumped 6.5 per...
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