China's property market is expected to see a moderate recovery in homebuying sentiment in 2025, with the sector's fundamentals showing improvement, BOCOM International said in a note.
The reduction in new home supply is likely to alleviate pressure on developers to cut prices, new home prices are expected to remain stable at current levels, it estimated.
If the sales momentum seen in October continues through the Lunar New Year, it would help more property developers achieve financial and operational stability, the bank noted.
The bank's investment preference hierarchy is state . . .
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