China’s real estate market has grown greatly in the past years and is a key component in the Chinese economy. We’ve seen both ups and downs with a big correction in 2015-2016, during the stock-market crash.
Currently, China’s economy has slowed down and we see an escalating trade war with the US. Besides, the COVID-pandemic had a negative on the market as countries were forced into lockdowns and investors became cautious.
With that said, China rebounded quickly and there were no restrictions of movement at the end of 2020. Besides, the country will be important for a quicker economic recovery in not only neighboring countries, but to the global economy as a whole.
In this article, we take a look at how China’s real estate market has performed in the past years and what the predictions are for 2021. Continue reading China Real Estate Market Outlook for 2021: A Complete Overview