中国保障性住房：下行周期或再持续两年-China-Managed Housing Downcycle to Last Another Two Years

January 25, 2026 09:39 PM GMT China | Asia Pacific Managed Housing Downcycle to Last Another Two Years Policy to steer a controlled housing adjustment, not a pivot. Prices to fall another 8%/6% in 2026/27, with initial stabilization pushed to 2H27. Sizeable housing drag on growth gradually tapers, capping domestic demand and inflation. Household allocation to riskier assets remains fluid. Policymakers likely to guide for continued housing adjustment, but with guardrails against uncontrolled slide: Several r ...