The dangerous bubble which for years has been brewing in China's housing market is bursting, changing the country's economy in a way that's still hard to predict, even for economists. The property ...

The concentrated nature of the real estate industry in China was a key factor triggering the ongoing property market crisis in the country, a new study by the University of Michigan has found. In 2018 ...

As home sales continue to plummet, Beijing has curbed independent reporting of real estate figures. The gag order masks a deepening property slump that continues to erode household wealth and strain ...

IMF says China’s housing bust is occurring at “a historically rapid pace only seen in the largest housing busts in cross-country experience in the last three decades.” China’s ongoing housing bust won ...

Average housing rents in Chinese cities slid to a four-year low in November due to supply gluts and job market weakness, potentially prolonging the country's property price slump, according to Nikkei ...

Go to college, find a job, buy a house, get married: For decades, homeownership has been seen as an essential part of life in China. Based on that long-standing truth, analysts are forecasting ...

China’s real-estate bust left behind tens of millions of empty housing units. Now that historic glut of unoccupied property is colliding with China’s shrinking population, leaving cities stuck with ...

Blog posts represent the views of CFR fellows and staff and not those of CFR, which takes no institutional positions. A healthy housing market is critical to China’s economic growth and financial ...

For much of the past decade, China’s real estate sector has been a key driver of economic growth, contributing roughly a quarter of the country’s GDP. However, since 2021, the industry has become a ...