Multiple market monitors' October property reports show the traditional 'Silver October' peak ending with clear structural divergence: second‑hand markets in China's key cities remained highly active in October, led by core cities, while new‑home markets continue to adjust. Market participants say resale activity confirms an orderly release of genuine housing demand, but overall market stabilization is not yet secure and will require sustained, coordinated policy support to consolidate the recov

Multiple market monitors' October property reports show the traditional 'Silver October' peak ending with clear structural divergence: second‑hand markets in China's key cities remained highly active in October, led by core cities, while new‑home markets continue to adjust. Market participants say resale activity confirms an orderly release of genuine housing demand, but overall market stabilization is not yet secure and will require sustained, coordinated policy support to consolidate the recovery.