Jinwu Financial News | Domestic housing stocks declined across the board. Jinhui Holdings (09993) fell 11.05%, Sunac China (01918) fell 8.43%, R&F Real Estate (02777) fell 7.85%, Shimao Group (00813) fell 5.08%, Ocean Group (03377) fell 4.62%, and Xuhui Holding Group (00884) fell 4.55%.
According to the news, Fitch Herbert said in the report that the outlook for China's real estate development industry in 2025 is “low and stable.” It is expected that the short-term downward trend in second-hand housing prices will continue, and the pressure to adjust new housing prices is still strong. It is believed that sales area may stop and stabilize before housing prices fall.
Under a neutral scenario, the real estate industry's sales area decline is expected to narrow to about 13% this year; real estate sales area will stabilize in the fourth quarter of 2025, and the year-on-year decline will narrow to less than 5%; under an optimistic scenario, sales area is expected to rise back to the same level in 2025.
