December 10, 2025 08:00 PM GMT China Property | Asia Pacific 2026 Outlook: Physical Market Stays Challenging; Diverging Outperformance of Alpha Plays The housing industry may continue its downtrend in 2026, but with milder declines amid similar policy narratives to this year. The physical market may take longer to bottom as restoring resident confidence turns more challenging, but quality alpha plays should outweigh negative industry beta. Key Takeaways Reactive policy stance likely to persist: We think the ...