ECONOMY_ China’s Housing Slump Persists Despite State Media Claims of ‘Spring Bounce’ (Michael Zhuang - THE EPOCH TIMES)

THE EPOCH TIMES

China’s Housing Slump Persists Despite State Media Claims of ‘Spring Bounce’

Data and industry accounts suggest a brief uptick in sales is fading, with demand weak and the sector still under strain.

Residential buildings under construction by Chinese real estate developer Vanke in Hangzhou, in eastern Zhejiang Province, China, on March 15, 2024. STR/AFP via Getty Images

Michael Zhuang
4/13/2026|Updated: 4/13/2026


News Analysis

China’s prolonged economic slowdown is rippling across industries, but few sectors have been hit as hard as real estate, once a pillar of growth and now in contraction.

In recent weeks, state media outlets have pointed to signs of stabilization in major cities, describing a modest “spring bounce” in the property market. Yet behind the optimistic messaging, both official data and firsthand accounts suggest the recovery is fragile, short-lived, and driven more by falling prices than renewed demand.

Several China-based industry insiders shared their observations with The Epoch Times on condition of anonymity out of fear of reprisal.

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READ MORE: https://www.theepochtimes.com/china/chinas-housing-slump-persists-despite-state-media-claims-of-spring-bounce-6011239?ea_src=frontpage&ea_med=section-2

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