Foreign media: Shenzhen's residential inventory has dropped to its lowest level in seven years, with the inventory turnover period shortened to 9.5 months—the largest decline among first-tier cities and the fastest inventory clearance rate, serving as a positive signal that China's real estate market may be the first to emerge from its downturn.
HSBC report indicates that over the past year, housing inventories in 19 cities nationwide have declined by more than 10%, with Shenzhen down 17% year-on-year; when the inventory turnover period falls below 14 months, home prices are expected to stabilize.
Analysts believe 2026 will be a pivotal turning point year, with recovery likely taking an L-shaped trajectory—first-tier cities’ improved housing units will see price stabilization first, but a comprehensive rebound across all city tiers and property types nationwide will require even more time.
Original source: toutiao.com/article/1863550092466183/
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