Real Estate

China property stocks surged amid warnings of weak reality, high expectations


China’s housing prices fell in October due primarily to falling prices in less developed, so-called Tier-3 cities, according to Goldman Sachs analysis of official data.

Future Publishing | Future Publishing | Getty Images

BEIJING — China’s real estate sector isn’t yet poised for a quick recovery, despite a rally this month in stocks of major property developers.

That’s because recent support by Beijing don’t directly resolve the main problem of falling home sales and prices, analysts say.

Last week, property developer stocks surged after news the central bank and banking…


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