Part 1/6:

China's Property Market: Current Challenges and Future Outlook

China's property market has entered a prolonged period of decline, with recent data revealing that property income growth has fallen to its lowest level in over a decade. The country's per capita net property income increased by just 2.2% in 2024, marking the slowest growth rate since 2014. The decline has been consistent since 2019, with only a brief recovery in 2021. The situation is particularly dire in Beijing, where per capita net property income dropped by 6%, signaling a three-year consecutive trend of decreasing income levels.