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Zhongzhong Research Institute: It is expected that the demand for shop leasing may be released in 2025, but short-term rents may continue to be under pressure.
Looking ahead to 2025, the office market may continue the weak state of 2024, remaining in a bottom consolidation period, with demand moderately recovering to some extent, but short-term rents may continue to face pressure.
Nomura Downgrades Longfor Group Holdings to Neutral From Buy, Adjusts Price Target to HK$9.80 From HK$11.80
Mainland Real Estate stocks stop falling and stabilize, CHINA VANKE (02202) rises by 5.51%. Institutions state that in the fourth quarter of 2024, second-hand housing prices in first-tier cities nationwide show noticeable stability, while the decline in s
Jinwu Finance News | Mainland Real Estate stocks have stopped falling and stabilized. As of the time of publication, CHINA VANKE (02202) rose by 5.51%, AGILE GROUP (03383) rose by 4.92%, R&F PROPERTIES (02777) rose by 4.17%, SUNAC (01918) rose by 3.14%, and LONGFOR GROUP (00960) rose by 2.27%. According to data monitoring from the China Index Academy, in the fourth quarter of 2024, the cumulative decline in second-hand housing prices across all tiers of cities has narrowed, with significant stabilization in first-tier city prices. In 2024, the cumulative decline in second-hand Residence prices in first-tier cities is expected to be 6.09%. After the new policy on September 26,
[Brokerage Focus] Fitch states that the domestic real estate Industry is still troubled by structural problems and expects that prices of newly built Commodities will remain under pressure until 2025.
Jinwu Financial News | Timothy G. Wong, Senior Director at Fitch Ratings and Head of Real Estate Ratings in China, stated that the agency expects the operating environment for Chinese real estate companies to remain under pressure this year. Fitch predicts that due to a decline in both total transaction area and average selling price (down by 10% and 5% respectively), the total sales volume of newly built Commodity Residences in China will decrease by 15% in 2025, reaching approximately 7.3 trillion yuan. A series of policy measures introduced by the government have somewhat boosted the recent sentiment in the Real Estate market, but whether the sector can maintain long-term improvement remains uncertain, given the high inventory levels, weak employment environment, and relatively low housing affordability for buyers.
Mainland Real Estate stocks generally declined, COUNTRY GARDEN (02007) fell by 13.16%. Institutions expect that the Volume of Residence transactions will see a certain drop compared to the previous month in January of this year.
Jinwu Financial News | Mainland Real Estate stocks are broadly declining. As of the time of this report, COUNTRY GARDEN (02007) is down 13.16%, SHIMAO GROUP (00813) is down 7.37%, AGILE GROUP (03383) is down 4.48%, LONGFOR GROUP (00960) is down 4.16%, and CHINA VANKE (02202) is down 2.96%. In terms of news, the China Index Academy released the "Top 10 Cities Second-hand Housing Price Map for December 2024" on the 16th. According to the China Real Estate Index System's 100-city price index, the average price of second-hand Residences in 100 cities is expected to drop by 0.53% month-on-month in December 2024, with the decline slightly narrowing compared to the previous month.
Powerlong Commercial Management Appoints Former Longfor Exec as CEO
