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CRIC Report: 1Q25 Sales Turnover of Top 100 CN Property Firms Slips 5.9% YoY; Weak Recovery Trend To Sustain Next Mth
Recommend 17 Positive 38 Negative 9 |
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In 1Q25, the whole China's real estate market maintained a low level of operation, and continued to stabilize after stopping its decline, according to a report released by CRIC. In 1Q25, the top 100 real estate enterprises realized sales turnover of RMB733.3 billion, down 5.9% YoY. Based on the report's forecast, April is still the peak season for transactions, "Silver April", and the overall supply and demand is expected to continue to recover weakly. Guangzhou, Wuhan, Nanjing and other places have experienced deep adjustments in the previous period, while the market stopped falling and stabilized in the short term. Subsequent transactions are expected to continue the weak recovery trend of steady rise. AAStocks Financial News |
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