China's property market edges toward an inflection point [CNBC]

S&P Global Inc. (SPGI)
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Source: CNBC
Existing home sales in five major Chinese cities have climbed by more than 30% from a year ago on a weekly basis as of Wednesday, according to a CNBC analysis of data accessed via Wind Information. Urban buildings in Huai'an city, Jiangsu province, China, on March 18, 2025. BEIJING — UBS analysts on Wednesday became the latest to raise expectations that China's struggling real estate market is close to stabilizing. “After four or five years of a downward cycle, we have begun to see some relatively positive signals,” John Lam, head of Asia-Pacific property and Greater China property research at UBS Investment Bank, told reporters Wednesday. That's according to a CNBC translation of his Mandarin-language remarks. “Of course these
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