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中国房地产_8 月销售额降幅扩大;四季度展望仍疲弱-China Property_ Wider Sales Decline in August; 4Q Outlook Remains Weak
2025-09-18 21:09

September 15, 2025 04:01 AM GMT China Property | Asia Pacific Wider Sales Decline in August; 4Q Outlook Remains Weak Home sales posted a deeper y-y decline in August amid softened construction. We stay cautious on the physical market and expect the weak sales trend to continue in 4Q, given worsened resident sentiment, higher inventory, and muted policy. August property sales dropped deeper: Rebased national sales were -14.0% y-y in value and -10.6% y-y in volume, widening the 8M25 decline to -7.3% in value ...