China Index Academy says H1 policies continued to signal support for stabilizing the property market. It expects further supply- and demand-side support measures in H2, with policy focus on stabilizing expectations and promoting price stability. The institute forecasts the property market will keep a bottoming/repair trend in H2, with market divergence likely to deepen. For new-home sales, a relatively low year-ago base in 2025 should help narrow nationwide YoY declines in H2, but full market re

China Index Academy says H1 policies continued to signal support for stabilizing the property market. It expects further supply- and demand-side support measures in H2, with policy focus on stabilizing expectations and promoting price stability. The institute forecasts the property market will keep a bottoming/repair trend in H2, with market divergence likely to deepen. For new-home sales, a relatively low year-ago base in 2025 should help narrow nationwide YoY declines in H2, but full market recovery will take time; ongoing launches of higher-quality projects in core cities and continued policy support will provide partial underpinning. On resales, transaction volumes in core cities are expected to remain stable, listings are stabilizing and improving supply–demand balance, and second‑hand home prices are likely to trade in a narrow range in H2.