EconomyA 2027 turning point? Goldman Sachs and Citi see signs of stabilisation in China’s housing market

With China’s housing downturn entering its fifth year, global investment banks including Goldman Sachs and Citi expect the sector could turn around as early as 2027. Their outlook is supported by signs of shrinking supply and strong sales during the National Day holiday in early October. Citi views the sector positively and sees 2027 as pivotal for a recovery in home prices in Beijing, Shanghai and Shenzhen.

China housinghome pricesGoldman SachsCiti

SSouth China Morning Post★★★☆☆2026-10-21 07:15Original