J P M O R G A N Asia Pacific Equity Research 18 July 2026 China Property Takeaways from expert call with Iceberg Index: K- shaped stabilization is on the horizon We hosted an expert call with Iceberg Index (冰山指数) to discuss the latest secondary market performance and 2H26/2027 outlook. Overall, the expert remains constructive on secondary sales volumes (despite the recent moderation), expecting positive Y/Y growth to be sustained into 2H26 (est. +10% Y/Y) & 2027. For home prices, the expert believes the mar ...