China’s property market under strain as June home prices slide more steeply

Posted on July 17, 2025   |  

New-home prices in 70 Chinese cities fell 0.27% from May, the steepest drop in eight months.

Second-hand home prices declined 0.61%, marking the biggest fall since September.

China’s ongoing housing downturn is hindering efforts to boost consumer demand and economic growth.

The previous stimulus measures from September are losing impact, prompting calls for fresh policy support.

Economists believe Beijing may delay major interventions to maintain policy flexibility ahead of the mid-August expiry of the US trade deal.