Housing sector likely to see better days ahead

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The story "Housing sector likely to see better days ahead" was covered 4 hours ago by The Star, a news publisher based in Malaysia.

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The Star 4h ago

Housing sector likely to see better days ahead - The Star

Quick Summary:

THE positive buying sentiment in the new-home market across major Chinese cities has greatly boosted confidence and expectations for a strong sales season in March and April, said industry experts on Thursday after digesting the home transaction data of the Spring Festival holiday.

Li added that considering the low base of the first quarter in 2024, new home traded volume is likely to be stable in the first quarter, and home prices in the secondary market will hopefully become stabilized.

Both new and pre-owned homes reported positive growth before the Chinese New Year holiday in January.