Fitch Ratings predicts a decline of 3 per cent to 5 per cent in China’s home prices in both 2022 and 2023. Photo: AFP
Fitch Ratings predicts a decline of 3 per cent to 5 per cent in China’s home prices in both 2022 and 2023. Photo: AFP

Mainland Chinese house prices expected to fall in 2022 as rest of world sees growth

  • Housing shortages, moderate mortgage rates and rising construction costs are seen boosting home prices globally
  • In China, the government is likely to implement even stricter measures to tame the property market, say analysts

Topic |   China property
Fitch Ratings predicts a decline of 3 per cent to 5 per cent in China’s home prices in both 2022 and 2023. Photo: AFP
Fitch Ratings predicts a decline of 3 per cent to 5 per cent in China’s home prices in both 2022 and 2023. Photo: AFP
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