{"id":170460,"date":"2026-02-02T13:30:07","date_gmt":"2026-02-02T06:30:07","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bleak-start-to-2026-for-chinas-property-sector-as-sales-declines-accelerate\/"},"modified":"2026-02-02T14:11:45","modified_gmt":"2026-02-02T07:11:45","slug":"bleak-start-to-2026-for-chinas-property-sector-as-sales-declines-accelerate","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/bleak-start-to-2026-for-chinas-property-sector-as-sales-declines-accelerate\/","title":{"rendered":"\u2018Bleak start\u2019 to 2026 for China\u2019s property sector as sales declines accelerate"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s years-long property downturn has carried into 2026, with new-home sales sliding sharply and, by some measures, deteriorating at their fastest pace in recent years.<br \/>\nThe country\u2019s top 100 developers reported combined contracted sales of 165.5 billion yuan (US$24 billion) in January, down 27 per cent from a year earlier, according to data released over the weekend by China Real Estate Information Corporation (CRIC).<br \/>\nStress was particularly acute among offshore borrowers.<br \/>\nThe combined&#8230;&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/article\/3342060\/bleak-start-2026-chinas-property-sector-sales-declines-accelerate?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">\u2018Bleak start\u2019 to 2026 for China\u2019s property sector as sales declines accelerate<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s years-long property downturn has carried into 2026, with new-home sales sliding sharply and, by&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-170460","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-Ilm","jetpack-related-posts":[{"id":124505,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-housing-market-no-respite-for-fantasia-modern-land-and-sunac-as-they-lead-sales-declines-in-january\/","url_meta":{"origin":170460,"position":0},"title":"China housing market: no respite for Fantasia, Modern Land and Sunac as they lead sales declines in January","date":"February 8, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are still struggling to sell homes, as a resurgent Covid-19 pandemic combined with a slowing economy to deter big-ticket investments, offering little respite to the most leveraged among them.The collective sales value of China\u2019s top 100 developers fell 41 per cent in January from last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":83929,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-property-giants-accelerate-land-purchases-leverage-scale-to-squeezed-out-smaller-players\/","url_meta":{"origin":170460,"position":1},"title":"China\u2019s property giants accelerate land purchases, leverage scale to squeezed out smaller players","date":"March 28, 2018","format":false,"excerpt":"\r China\u2019s property sector has increasingly become a battlefield between major developers seeking to leverage scale over profit, using their size to squeeze out smaller players who struggle with less preferential lending rates and other market barriers. Making it on to the rankings of the largest property developers by annual\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122730,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/beike-zhaofang-chinas-biggest-online-property-agency-axes-staff-as-housing-sector-heads-into-a-bleak-winter\/","url_meta":{"origin":170460,"position":2},"title":"Beike Zhaofang, China\u2019s biggest online property agency, axes staff as housing sector heads into a bleak winter","date":"October 21, 2021","format":false,"excerpt":"\r Ke Holdings, China\u2019s biggest online property agency, also known as Beike Zhaofang, has started laying off staff across the country as the housing sector slides into the doldrums.A former Beike employee in Chengdu, who chose only to give her last name, Xue, told the Post her manager started to\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":115166,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/mainland-developers-including-poly-property-china-resources-accelerate-sales-to-shore-up-cash-flow-to-minimise-impact-of-covid-19\/","url_meta":{"origin":170460,"position":3},"title":"Mainland developers including Poly Property, China Resources accelerate sales to shore up cash flow to minimise impact of Covid-19","date":"March 26, 2020","format":false,"excerpt":"\r Some of China\u2019s biggest developers are set to accelerate sales and shorten their construction cycles to shore up cash flow in response to the economic fallout from the Covid-19 outbreak.Four mainland Chinese builders reported higher profit growth for 2019 on Thursday, but said they are braced for hard times\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":124770,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/more-property-sector-easing-expected-as-chinese-builders-struggle-to-sell-homes-analysts-say\/","url_meta":{"origin":170460,"position":4},"title":"More property sector easing expected as Chinese builders struggle to sell homes, analysts say","date":"March 1, 2022","format":false,"excerpt":"\r China\u2019s biggest property developers are struggling to sell homes despite the introduction of some relaxation measures by Beijing.The value of the combined contracted sales at the country\u2019s top 100 developers fell 47.2 per cent in February from last year to 401.6 billion yuan (US$63.6 billion), widening from a slump\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":104529,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/chinas-february-home-sales-value-extends-decline-as-trade-war-weighs-on-the-lifetime-buying-decision-for-most-people\/","url_meta":{"origin":170460,"position":5},"title":"China\u2019s February home sales value extends decline as trade war weighs on the lifetime buying decision for most people","date":"March 1, 2019","format":false,"excerpt":"\r China\u2019s February home sales extended their decline, following a weak showing a month earlier, as economic uncertainty from the nation\u2019s ongoing trade war with the United States continued to weigh on what could be the biggest purchase of a lifetime for most buyers.The contracted sales value by China\u2019s 100\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170460"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=170460"}],"version-history":[{"count":1,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170460\/revisions"}],"predecessor-version":[{"id":170461,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/170460\/revisions\/170461"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=170460"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=170460"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=170460"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}