Mainland Real Estate stocks fell with the market, ZHONGLIANG HLDG (02772) decreased by 5.79%. Institutions expect that December transactions will continue to recover.

Jinwu Finance | Mainland Real Estate stocks decline with the market, ZHONGLIANG HLDG (02772) down 5.79%, CHINA VANKE (02202) down 4.2%, RADIANCE HLDGS (09993) down 3.32%, CHINA JINMAO (00817) down 2.97%, CHINA OVERSEAS (00688), LONGFOR GROUP (00960), CHINA RES LAND (01109) down over 1%. The Pacific Securities Research indicates that in November, the sales volume and sales area of commercial housing nationwide turned positive year-on-year, with buyers' confidence in purchasing homes recovering, showing signs of market improvement. Funding availability in Real Estate has improved, as December is generally a time for developers.

Jinwu Finance NewsDec 19 00:20 ET

According to the Central Finger Research Institute: In November, the average transaction price of second-hand Residences in 100 cities fell by 0.57% month-on-month, while the Volume in Shenzhen doubled year-on-year.

Data monitoring shows that in November 2024, the average price of second-hand Residences in 100 cities is 14,278 yuan per square meter, a month-on-month decrease of 0.57%, narrowing the decline by 0.03 percentage points compared to October; a year-on-year decrease of 7.29%.

Zhitong FinanceDec 17 18:44 ET

Keari Real Estate Research: In November, the Residence market transactions maintained a high level for the year.

In November, the supply scale grew month-on-month and year-on-year, with the supply volume in 100 typical cities at 15.07 million square meters, a year-on-year decrease of 26.3%, but a month-on-month increase of 43.4%.

Zhitong FinanceDec 17 06:34 ET

[Brokerage Focus] SWHY expects the Real Estate Industry to bottom out and maintains a 'Bullish' rating on Real Estate and property management.

Gold Eagle Financial News | SWHY stated that over the past three years, China's Real Estate sector has undergone deep adjustments, and the effects of relaxed policies during this period have been limited. The bank believes that the core issue lies not in insufficient demand, but in the weakening of residents' balance sheets. The statements in September to 'stop the decline and stabilize' and in December to 'stabilize the Real Estate and stock markets' clarified the policy approach to repairing residents' balance sheets, demonstrating stronger policy effectiveness than before. The policy has entered a more targeted trajectory, and it is expected that more proactive and substantial policies will be introduced subsequently, with the Industry likely to reach a bottom. Considering that mid-term demand has support but short-term supply has constraints, the bank forecasts that the total will still be skewed next year.

Jingu Financial NewsDec 17 02:51 ET

【Brokerage Focus】 Citigroup: In China, the completed area of the Real Estate market is increasing, Real Estate Investment is declining, new construction is weak, and the price drop is decreasing.

Jinwu Finance News | Citibank pointed out in its latest research report that in November 2024, data from China's National Statistics Bureau indicates an increase in the completed area of the Real Estate market, but a decline in Real Estate Investment, with new construction remaining weak, while the rate of decline in housing prices has narrowed. Specifically, the completed area in November decreased by 39% year-on-year, the largest drop of the year, partly due to delays in completions caused by the pandemic at the end of 2023; the new construction area fell by 26.8% year-on-year; housing prices in both the primary and secondary markets across 70 cities have declined, but the decline has narrowed; sales increased by 1% year-on-year.

Jinwu Financial NewsDec 16 23:33 ET

The Five-year Shareholder Returns and Company Earnings Persist Lower as China Overseas Land & Investment (HKG:688) Stock Falls a Further 10% in Past Week

Simply Wall StDec 16 21:46 ET