China Housing Crisis Deepens: July Home Sales Plunge 24%, Monthly Drop Worst in 2025
China housing crisis: China housing market is facing a deepening crisis as new-home sales by the top 100 developers plunged 24% year-over-year in July 2025—the sharpest decline in 10 months. Month-over-month sales crashed by 38%, the worst fall this year. With home prices also recording their steepest drop in 8 months and Goldman Sachs projecting …