China Index Academy has released its Outlook for the Chinese Real Estate Market in 2026, noting that looking ahead to 2026, the intensified implementation of policies, an improvement in economic fundamentals, and better employment and income prospects for residents will remain the key foundations for the recovery of homebuying demand. Early policy implementation will help accelerate the release of housing demand, but the market as a whole remains in a “de-stocking” phase. Due to the significant overall decline in new construction starts and land transaction areas in recent years, new housing supply is limited in most cities—with the exception of some core cities where supply remains at a certain scale. The market is primarily focused on absorbing existing unsold inventory, and restoring market supply-demand balance still faces certain pressures. According to calculations based on the “Dynamic Model for the Medium- to Long-Term Development of China’s Real Estate Industry,” the national real estate market in 2026 is expected to be characterized by “continued decline in sales, construction starts remaining at low levels, and significant pressure for investment adjustments.” (China Index Academy)