China's Property Market Downturn Deepens Despite Economic Stabilization Efforts

As housing sales and investment continue to fall, government initiatives strive to mitigate the sector's impact on growth.

China's property market continues to struggle, with housing sales and investment plummeting.
The decline in the property sector is expected to drag down economic growth, despite government efforts to stimulate the market.
Analysts predict the property construction correction is still in its early stages, potentially halving in the coming years.
While other parts of the economy show signs of improvement, the property sector's downturn remains a significant concern.
Government measures, including increased financing for developers and more affordable housing, aim to stabilize the market.