Credit rating agency S&P Global said a recovery in China’s real‑estate markets in the country’s largest cities could arrive as early as next year, offering a possible turning point after a years‑long slump.
China’s property sector has been under pressure for several years, with falling sales and a wave of developer distress that has weighed on the broader economy.
S&P noted that demand in the nation’s tier‑one cities remains relatively resilient and that recent policy measures aimed at stabilising the market could help spur a rebound.
The agency said that if the recovery materialises by next year, it could improve market sentiment and provide a boost to related industries such as construction, finance and consumer goods.
Nevertheless, analysts caution that the broader real‑estate market still faces structural challenges and that any upswing may be uneven across regions.
<small>Source: CNBC — read the original story there.</small>