China's Property Market Likely Boosted by Year-End Campaigns -- Market Talk

WSJ11:06

Express News | The National Development and Reform Commission: Promote stability and recovery in the Real Estate market, continue to boost the Capital Markets.

Breakings10:56

According to Morgan Stanley, in December, second-hand housing prices in major cities in mainland China declined month-on-month, and Residential sales may face downward pressure in the first quarter of this year.

Morgan Stanley released a research report indicating that as the impact of policies weakens, the second-hand housing prices in major cities in China fell as expected in December last year, showing a volatile month-on-month decline. This resulted in a continuation of the previous two months' upward trend, considering that listings have slightly increased and seasonal factors are at play. Currently, it is predicted that in the first quarter of this year, the sales of residential properties on the mainland may face downward pressure. The firm believes that due to the greater competitiveness of second-hand property prices and the continuous decline in new first-hand properties due to a reduction in land supply, the performance of second-hand housing sales will continue to outperform that of new properties. As for whether the pace of recovery in housing sales can be sustained in the future, Morgan Stanley still believes it will depend on how quickly the announced policies are implemented.

AASTOCKS10:36

Express News | Securities Daily: The effects of the bullish policies in the real estate market continue, and the expectations for the real estate market in 2025 are likely to improve.

Breakings07:22

It's once again the annual mortgage repricing day, and Banks personnel candidly state that "revenue pressure is increasing." How to stabilize the interest margin under the expectation of interest rate cuts?

① With the arrival of the repricing cycle on January 1st, many industry professionals who spoke with reporters from the Financial Association stated that "revenue pressure is increasing." ② Looking ahead to 2025, many experts believe that the policy interest rates need to be further lowered during the year, and mortgage rates will continue to decline. ③ From the perspective of the Industry, controlling costs remains the primary measure each bank is taking to ease the downward pressure on interest margins.

cls.cnJan 2 21:14

Key cities in the real estate market showed a "tail-end" finish in December last year, with expectations for year-on-year growth still being positive in the first quarter.

In December, the real estate market concluded with a "tail-up" trend, and it is expected that there will still be positive year-on-year growth in the first quarter.

Zhitong FinanceJan 2 20:34