Mainland China’s property market will remain under pressure in the first quarter of next year as weak monthly sales show few signs of a turnaround, according to Morgan Stanley.
Sales at the country’s top 100 developers fell 36 per cent in November from a year earlier to 184 billion yuan (US$26 billion), according to Morgan Stanley, which used data compiled by China Real Estate Information Corp (CRIC). In the first 11 months, developers recorded 2.71 trillion yuan in sales, a decrease of 19 per…
Source : South China Morning Post
Read more…Morgan Stanley sees mainland China property slump extending into 2026















