China takes ‘historic’ measures to rescue property sector as house prices fall again

These measures caused a positive reaction in the originator market. Investors have been steadily pouring into Chinese stocks following the announcement of government measures. Local newspaper China Real Estate Business dubbed the move “heavyweight politics,” calling it a historic moment for the real estate sector.

Economists expressed optimism about the steps taken, but noted that the amount of funding and the time frame for implementing the plan remain important questions. However, it is believed that the new measures will definitely influence the stabilization of the real estate market in China.