Terms & Conditions | Privacy Policy | Mysteel.com
Events
About Us
  • Home
  • /
  • Market Insights
  • /
  • News
  • /
  • Article

China's property market still under pressure in May

Source: Mysteel May 30, 2023 18:00
Share this with
X linkedin WeChat Copy this link
Ferrous Macroeconomy
China's property market still lacks the momentum for recovery, with consumer confidence in the market this month still staying weak and domestic property enterprises continuing to struggle with heavy debts, Mysteel Global noted.
During the three weeks over May 1-21, new home sales across the 50 key cities nationwide averaged 4.3 million sq m/week, lower by a significant 17.7% from the weekly average over April 1-30, according to the latest survey conducted by China Index Holding (CIH), a specialized platform dedicated to

To read the full article take a free 7-day trial to Mysteel Global

To view this content

Free Trial

+65 6939 6700 globalsales@mysteel.com

You May Also Like
  • China outlines 2026 plan to stabilise property sector

    Dec 17, 2025 17:35

  • A Glance of the China Steel Market Week 3, December 2025

    Dec 16, 2025 14:06

  • China's industrial output grows at slowest pace since Sept 2024 amid export fluctuations and anti-involution policies

    Dec 16, 2025 12:00

  • NBS: China's Jan-Nov FAI drops 2.6%, property investment slumps by larger 15.9% YoY

    Dec 15, 2025 15:45

  • Several Chinese provinces disclose allocations from $71 bln additional debt quota

    Dec 11, 2025 17:00

Price Curve
Daily Prices
  • Construction steel prices: Nanjing

    Dec 18, 2025 12:07

  • Construction steel prices: Shanghai

    Dec 18, 2025 12:03

  • Construction steel procurement prices: Shenzhen

    Dec 18, 2025 11:59

  • Construction steel prices: Shenzhen

    Dec 18, 2025 11:58

  • Construction steel prices: Hangzhou

    Dec 18, 2025 11:58

Terms & Conditions Privacy Policy Contact Us Mysteel.com
©2025 Mysteel Global Pte Ltd. All rights reserved.
Mysteel Global WhatsApp business account
Customer Service: globalsales@mysteel.com