Signal Chinese home prices falling for four and a half years and still accelerating

Summary

House prices have declined continuously for four and a half years, which Eurasia Group compares in scale of household wealth destruction to the 2008 American crash while noting that the Chinese decline has not yet turned.

Classification

Main topicMacroeconomy & Finance

Secondary topicsCities & Housing

Region menusEast Asia

Occurrencescope:country · geo_region:east_asia · country:CN

Impactscope:country · geo_region:east_asia · country:CN

Time horizon0-3 years (2026-07-25)

Last updated2026-07-29 04:49:52

Evidence 1

Top Risks 2026 Eurasia Group page=27;section=Top Risk #7: China's deflation trap 2026-01 accessed 2026-07-25

Part of trends 1

TrendChina's deflation trap4 signals

Directly linked issues 0

No objects.

Relation types: supports

Public id: fm-48309b597306