Real Estate
Real Estate Crisis in China: Why the Property Market Is Still Struggling in 2026
China's real estate crisis continues in 2026 as falling property investment, declining housing sales, developer debt, and unfinished residential projects weaken the country's economy. Official figures show that real estate development investment dropped 19.9% during the first eight months of 2026, while new commercial property sales declined 12.1% by floor area. Financial difficulties involving major developers such as Evergrande and Country Garden have damaged homebuyer confidence. Despite government support and new housing reforms, China's property market faces a difficult transition toward more sustainable development, with consequences for homeowners, banks, local governments, and the global economy.