China plans to stabilize its real estate market in 2025 through reforms, increased affordable housing supply, and measures to boost home demand, following a crisis that began in 2021.
Efforts to stabilize China’s real estate market will continue in 2025, as reported by China Construction News after a recent housing regulator conference. The country aims to reform the commercial housing sales system and broaden urban village renovation initiatives beyond the planned addition of one million units.
Policymakers will strictly manage commercial housing supply while increasing affordable housing options for new citizens, young adults, and migrant workers. Recent measures to encourage homebuying include reduced mortgage rates, lower down-payments, and tax incentives, following a government-led campaign that triggered a crisis in 2021.
The market shows signs of stabilization, with home transactions growing for two consecutive months, and November saw the slowest decline in home prices in 17 months. An official has urged prompt policy measures to further stabilize the sector, advocating for more local government autonomy in purchasing housing stock.
Source : China to focus on stabilizing housing market in 2025, housing regulator says
