China’s property income growth has hit its lowest level in over a decade, highlighting the ongoing slump in the real estate sector. Per-capita net property income grew by 2. 2% in 2024, the slowest pace since 2014.

China: Property slump weighs on middle-class

We look at the deepening crisis in China's property market despite millions and millions of dollars of stimulus. Many obstacles lie in wait for China's real estate firms as they attempt to climb out of the crisis. The country's real estate market is drawing international investors like Oaktree due to its cheap asset pricing and high return potential. But many Chinese property businesses are on the verge of collapse.

Chinese developers face liquidation risk

China's property market crisis has clearly weighed on the world's second-largest economy. Now, China is considering a proposal to have local governments across the country buy millions of unsold homes.

China mulls government purchases of unsold homes to ease glut