中国房地产 - 11 月地产数据恶化速度超预期-China Property-November Property Data Worsened Faster Than Expected
2025-12-16 11:30
December 15, 2025 11:36 AM GMT China Property | Asia Pacific November Property Data Worsened Faster Than Expected Home sales posted a deep y-y drop in November (similar to October) on worsened resident sentiment, while construction and real estate investment recorded faster-than-expected declines. We see home sales remaining challenging in 2026 and believe the physical market may take longer to bottom. November sales decline remained deep: Rebased national sales fell -25% y-y in value in Nov and -17% y-y in ...