China’s Real Estate Market in 2025 and Construction industry
Alright, let’s dive into China’s real estate market in 2025, keeping it clear and engineer-style: precise, practical, and grounded in facts. I’m Hans, an electrical engineer with Aventech, a company deep in the electric industry, and I’ll tie this to how real estate impacts our work with a concrete example. The real estate market in China is a massive beast, tied to economic growth, urban development, and, yes, power systems. Let’s break it down. China’s Real Estate Market in 2025 China’s real estate market is stabilizing after a rough few years, but it’s not out of the woods. Valued at USD 5.3 trillion in 2024, it’s projected to hit USD 6.98 trillion by 2030, growing at a 3.9% CAGR. The residential segment dominates, expected to reach USD 115.4 trillion in 2025, with a 2.11% CAGR through 2029, hitting USD 125.3 trillion. Despite this, 2025 is a transitional year with mixed signals . Prices and Sales : As of March 2025, new home prices averaged RMB 16,740 (USD 2,334) per squar...