China targets real estate market stability by 2025, focusing on reforms and affordable housing.

China aims to stabilize its real estate market by 2025, according to its housing regulator. The country will reform commercial housing sales, expand urban village renovations, and increase affordable housing while controlling commercial housing supply. Measures like lower mortgage rates, reduced down payments, and tax incentives have led to growing home transactions and slower price declines.

December 25, 2024
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