中国房地产-市场快速降温，高频数据强化我们对复苏或难持续的判断-China Property-Fast-Softening, High-Frequency Data Strengthens Our Call on Likely Unsustainable Recovery

February 16, 2026 12:59 AM GMT China Property | Asia Pacific Fast-Softening, High-Frequency Data Strengthens Our Call on Likely Unsustainable Recovery Recent secondary home sales have been trending down rapidly, as expected, reinforcing our view that sales pickup in January is likely unsustainable. We reiterate our call on potential sector pull-back into results season amid further cool-down on home sales in coming weeks. Key Takeaways Secondary home sales are cooling fast, with YTD registered sales in 11 m ...