China Index Academy has released its Outlook for the Chinese Real Estate Market in 2026, which states that under a neutral scenario, the sales area of new commercial housing is expected to decline by 6.2% year-on-year in 2026, with the market remaining in a phase of adjustment. The characteristics of current housing demand have undergone significant changes, with the proportion of upgrade-driven demand increasing; purchasing decisions in this segment are more easily influenced by income expectations and market confidence. Given that current household employment and income expectations remain weak, short-term sales volumes will continue to face pressure, and market polarization is likely to persist, "prime cities + prime properties" present structural opportunities. Overall, under a neutral scenario, the sales area of new commercial housing nationwide is projected to decline by 6.2% year-on-year in 2026. (China Index Academy)