Problems on the real estate market intensify

The problems on China’s real estate market are expected to worsen this year, according to economists. Average property prices are expected to fall by 1.3 percent in the first half of the year, according to a Reuters poll among analysts and economists published on Tuesday. They predict stagnation for the entire year. Accordingly, real estate sales are expected to slump by ten percent in 2022. At the same time, the experts assume that investments in the sector will drop by 2.5 percent.