Real Estate

China’s homebuyers are starting to come back


A real estate project under construction in Shanghai’s newer Pudong district on Feb. 23, 2023.

Future Publishing | Future Publishing | Getty Images

BEIJING — More people in China want to buy houses again, according to a first quarter survey released Monday by the People’s Bank of China.

The share of respondents planning to buy a home in the next three months rose to 17.5% in the first quarter. That’s up from 16% in the fourth quarter survey and the highest since the first quarter of 2022, survey data showed.

Market expectations also improved. The survey found that 18.5% of respondents anticipated an increase in house prices, up sharply from 14% in the fourth quarter and the highest since…


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