Year of vitality seen for real estate sector

Despite headwinds from a complex international environment and internal structural transformation, China's new quality productive forces and improved consumption are expected to inject vitality into the real estate sector, making 2025 a year of accumulating strength and generating energy, according to industry reports.

"Despite many challenges, the Chinese real estate market will be driven forward by effective domestic demand, consumption upgrades and technological progress," said Xie Chen, head of research at CBRE China, a commercial real estate services and investment firm.

"The incremental demand potential contained within new quality productive forces and consumption recovery are key to striking a balance between supply and demand," Xie said, citing a report by CBRE on the 2025 China real estate market outlook published on Feb 25.