Expert: China's real estate market enters development adjustment phase
chinadaily.com.cn |
Updated: 2025-09-24 08:54
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Luo Zhiheng, chief economist and president of the Research Institute at Yuekai Securities, told China Daily in an exclusive interview that the real estate market has entered a phase of longer cycles and more moderate adjustments. According to Luo, as the two key indicators — rental yield and the house-price-to-income ratio — gradually approach reasonable levels, the real estate market will stabilize and rebound.
