China's home sales decline narrows, inventory falls in Oct amid policy impact

Source: Mysteel Nov 18, 2025 13:45

China's real estate market remained in an adjustment phase in October, but some key indicators show signs of gradual stabilization, with housing sales falling at a slow pace and home inventory declining for the eighth consecutive month.

"Although the real estate market has experienced some fluctuations, the effects of policy measures continue to emerge," Fu Linghui, spokesperson of the National Bureau of Statistics (NBS), said at a recent press conference. The data released by the NBS showed that while the real estate market remains in an adjustment