{"id":512227,"date":"2026-06-22T07:43:22","date_gmt":"2026-06-22T07:43:22","guid":{"rendered":"https:\/\/www.newsbeep.com\/ie\/512227\/"},"modified":"2026-06-22T07:43:22","modified_gmt":"2026-06-22T07:43:22","slug":"buyers-hunt-bargains-amid-signs-that-chinas-home-prices-are-bottoming-out","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ie\/512227\/","title":{"rendered":"Buyers hunt bargains amid signs that China\u2019s home prices are bottoming out"},"content":{"rendered":"

Expectations have heightened in major Chinese cities like Shanghai that home prices<\/a> are bottoming out following a six-year property slump, as would-be buyers actively hunt bargains amid the recent policy easing.<\/p>\n

Brisk transactions are also shoring up brokers\u2019 confidence in the market where the prices of some lived-in flats have almost halved from their peak.<\/p>\n

\u201cMost of the buyers are not betting on a turnaround, they just feel that home prices are more attractive now as the authorities could announce more market-boosting measures to buoy the property market,\u201d said Li Yan, a sales manager at 5i5j Real Estate Brokerage in Shanghai. \u201cMore importantly, it is still a buyers\u2019 market as they hold the bargaining power during negotiations.\u201d<\/p>\n

A buoyant Shanghai home market saw housing prices steadily increase between the mid-1990s and 2020 before mainland Chinese authorities implemented the \u201cthree red lines\u201d policy to rein in excessive gearing among the nation\u2019s developers, causing a crisis of confidence in the country\u2019s most significant industry.<\/p>\n

Millions of residents across the nation balked at the prospect of the value of their long-coveted flats being battered by worries that home purchases could incur heavy losses amid a potential sharp fall in prices.<\/p>\n

Charlie Li, a 40-year-old Shanghai resident, said he took a cue from recent transaction numbers and government directives, deciding to pursue proper purchase targets as home prices showed signs of stabilising.<\/p>\n","protected":false},"excerpt":{"rendered":"Expectations have heightened in major Chinese cities like Shanghai that home prices are bottoming out following a six-year…\n","protected":false},"author":2,"featured_media":512228,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[72,113,32399,218817,61,60,218819,218818,33315,218816],"class_list":["post-512227","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-home-prices","tag-hunt-bargains","tag-ie","tag-ireland","tag-mortgage-loans","tag-policy-easing","tag-property-slump","tag-shanghai-lived-in-home-market"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/512227","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/comments?post=512227"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/posts\/512227\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media\/512228"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/media?parent=512227"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/categories?post=512227"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ie\/wp-json\/wp\/v2\/tags?post=512227"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}