Main Characteristics of the Real Estate Market in China Cover Image

Основни характеристики на пазара за недвижими имоти в Китай
Main Characteristics of the Real Estate Market in China

Author(s): Ivan Tsanov
Subject(s): Economy, Business Economy / Management
Published by: Университет за национално и световно стопанство (УНСС)
Keywords: real estate market in China; China; real estate

Summary/Abstract: The main goal of the article is to provide a panoramic picture of the main characteristics of the real estate market in China. The research tasks that are implemented are two. The first one is to make a generalized analysis of the real estate market in China, which is one of the most dynamic and strategically important sectors of the country’s economy. The second one is to discover the main characteristics of the real estate market in China with their brief description, analysis and interpretation. During the article, the main hypothesis is proven – the development of the real estate market in China is due to accelerated urbanization, the growing average income of the population and the support of state policies, as well as that this market exists but is influenced by the macroeconomic stability of the state. Five main characteristics of the real estate market in China are described and analysed: 1. The real estate market in China is changing historically; 2. Housing prices in China are relatively high; 3. The Chinese state actively intervenes in the real estate market; 4. A significant portion of household wealth in China is tied up in real estate; 5. China’s real estate market remains risky.

  • Issue Year: X/2026
  • Issue No: 1
  • Page Range: 017-023
  • Page Count: 9
  • Language: Bulgarian
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