Real Estate Weekly: Beijing's New Housing Policy Highlights Sector Allocation Value Amid Rebalancing
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Key Views
July sales diverged: China Overseas Land & Investment rose 27.6% year over year to RMB 15.119 billion, while Longfor Group fell 65.17%. Reviews of global housing crises show average corrections of about six years; the analysts judge China's price adjustment sufficiently deep, with 2026 likely marking its end alongside structural divergence.
Outlook
Watch three trends: the correction winding down, a wave of high-quality housing, and recovery in Hong Kong's private residential market supporting a re-rating of HK developers.
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