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China's Real Estate Market

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  • Xi Rao
  • Yinggang Zhou

Abstract

Along with China's economic slowdown and policy tightening, the real estate market has been experiencing a mid-term correction since late 2007. This round of property sector downturn is cyclical rather than secular and will last from two to two and a half years (September 2007-early 2010). From a longer-term perspective, the factors for sustainable growth of the housing market remain sound. These include relatively strong economic growth, positive demographic trends, urbanization, and upgrades in living standards.

Suggested Citation

  • Xi Rao & Yinggang Zhou, 2010. "China's Real Estate Market," Chinese Economy, Taylor & Francis Journals, vol. 43(2), pages 23-32, March.
    • Handle: RePEc:mes:chinec:v:43:y:2010:i:2:p:23-32
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