Jingu Finance News | Mainland real estate stocks all fell, Radiance Holdings (09993) fell by 11.05%, Sunac (01918) fell by 8.43%, R&F Properties (02777) fell by 7.85%, Shimao Group (00813) fell by 5.08%, Sino-Ocean Group (03377) fell by 4.62%, Cifi Hold GP (00884) fell by 4.55%.
On the news front, Fitch Bokhwa stated in the report that the outlook for China's real estate development industry in 2025 is "low prosperity and stability", expecting the short-term trend of second-hand house prices to continue to decline, with significant pressure on new house price adjustments, believing that sales area may stabilize before house price stops falling.
Under the neutral scenario, it is expected that the sales area of the real estate industry this year will narrow to about 13%; the real estate sales area in 2025 will start to stabilize in the fourth quarter, and the annual year-on-year decline will narrow to less than 5%; under the optimistic scenario, it is expected that the sales area in 2025 may return to flat on a year-on-year basis.
