July 31, 2025 07:09 PM GMT China Property | Asia Pacific Developers Surprised with Deeper Sales Decline in July CRIC preliminary sales data show that contracted sales of 30 major developers we track recorded a decline of 25% y-y on average in July. We expect their sales to stay sluggish in coming months owing to weakened resident sentiment, reduced landbank and reactive policy rollout. Developers surprised on the downside with deeper sales decline in July: The top 50 and top 100 developers' attributable sal ...