CITIC Securities pointed out that in the face of pessimistic market expectations formed by the inertial decline in prices, it is expected that the policy will still actively boost demand, and supply and demand will work together to push housing prices to stop falling and rise. Existing home sales policies have basically eradicated delivery risks and boosted consumer confidence. CITIC Securities anticipates that with the support of policies on both supply and demand, housing prices will stop falling and rebounding within a broad range by around the 2027 Spring Festival, and the recovery in market sentiment may accelerate markedly.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.