Chinese Developers Struggle as New Home Sales Decline Again
Monday, 1 April 2024, 08:30
China's Real Estate Sector Faces Challenges
Chinese developers experienced another difficult month in March, with a 46% decline in new home sales. The persisting liquidity crisis poses challenges for the market, impacting both developers and buyers. It remains unclear when the sector will see a turnaround.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.