Expert: China's real estate market enters development adjustment phase chinadaily.com.cn | Updated: 2025-09-24 08:54

https://www.chinadaily.com.cn/a/202509/24/WS68d3414ea3108622abca2820.html Luo Zhiheng, chief economist and president of the Research Institute at Yuekai Securities, told China Daily in an exclusive interview that the real estate market has entered a phase of longer cycles and more moderate adjustments. According to Luo, as the two key indicators — rental yield and the house-price-to-income ratio — gradually approach reasonable levels, the real estate market will stabilize and rebound.