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Only six developers recorded sales of between 30 billion yuan ($4.4 billion) and 100 billion yuan in the first seven months of 2026.. Photo: VCG
Years of reduced land acquisitions and sluggish demand have decimated the middle ranks of China’s real estate sector
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Only six developers recorded sales of between 30 billion yuan ($4.4 billion) and 100 billion yuan in the first seven months of 2026.. Photo: VCG

Fierce bidding for select plots in Beijing, Shanghai and Hangzhou masks a five-year low in land purchases by major developer

Local government financing vehicles are left struggling with large land inventories and tightening cash flows

First-half residential land revenue in the Chinese capital falls sharply, reflecting a nationwide shift away from aggressive…

State-backed builders are paying record prices for prime plots in top cities, betting luxury housing will offer safer cash flow…

Real estate transactions and prices in megacities like Shenzhen and Shanghai are rebounding, though a nationwide recovery remains…

Sales and land investments are increasingly concentrated in Beijing, Shanghai, Guangzhou, and Shenzhen as the broader real estate…