The Central Finger Research: In December, the SSE Conglomerates Index for property service prices in twenty cities slightly declined, with Wuhan experiencing the largest decrease.

In December 2024, the Property Service price SSE Conglomerates Index for twenty cities was 1075.37, a year-on-year decrease of 0.01% and a month-on-month decrease of 0.03%, with both year-on-year and month-on-month figures shifting from an increase to a decrease.

Zhitong FinanceDec 17 19:29

The research institute found that the disclosure rate of the ESG reports of listed Property Service companies reached 95.65% overall.

The Zhongzhi Research Institute has released the 2024 ESG evaluation research report for listed Property Service companies in China.

Zhitong FinanceDec 16 19:20

The Central Economic Work Conference was held in Peking, and **** delivered an important speech.

The Central Economic Work Conference was held in Peking, where **** delivered an important speech, Li Qiang gave a summary speech, and ****, ****, Cai Qi, ****, and Li Xi attended the meeting.

Xinhua News AgencyDec 12 22:02

Express News | Central Economic Work Conference: Continuing efforts to stabilize the real estate market and halt the decline.

BreakingsDec 12 20:27

[Brokerage Focus] CCB International indicates that there are no signs of a bottoming out in the fundamentals of the Real Estate Industry.

Kingwo Financial News | CMB International released the Real Estate Outlook for 2025, expecting the annual sales growth rates for new homes in 2024 and 2025 to be -20% and -11%, reaching 7.4 and 7 trillion respectively, while the transaction volume for second-hand homes is projected to reach 7.1 and 7.5 trillion, officially becoming the dominant force in the real estate market. This is mainly based on 1) Policy: The effects of the already implemented policies are still lingering, and several measures are currently being put into action, which require time for observation. Hence, it is speculated that the likelihood of introducing major policies in the short term (such as lifting purchase restrictions in more first-tier cities) is relatively low. At the same time, the promotion of policies like stockpiling still faces challenges, making it difficult to significantly reduce inventory in 2025; 2) Supply.

Jingwu Financial NewsDec 11 13:27

CITIC International: Outlook for the Healthy Development of Domestic Real Estate in the Coming Year.

Zhaoyin International published a Research Report indicating that recent channel surveys found that suppressed rigid housing demand is being released, while investment demand has nearly vanished. Therefore, it is believed that the current revival in the mainland's Real Estate sales mainly stems from the support of rigid demand and replacement demand, which aligns more closely with the national long-term development goals for the Industry. The bank predicts that the total sales of new houses this year will decline by 20% year-on-year to 7.4 trillion yuan, and next year will drop by 11% to 7 trillion yuan, while the transaction volume of second-hand houses will reach 7.1 trillion and 7.5 trillion yuan respectively. Looking ahead, the market still expects that the effects of the policies already implemented will take time to manifest, but overall, the market is progressing toward a healthier state.

AASTOCKSDec 11 09:21