Divergent Regional Performance: European Growth vs. China's Continued Downturn
The Story: Comprehensive international residential data from the Bank for International Settlements (BIS) and regional trackers highlights a widening multi-speed global property landscape. While European markets (+2.6% YoY real price growth) and Australia (+6% YoY) showed strong resilience driven by supply constraints, China continued to weigh heavily on overall global property indices due to prolonged inventory overhangs and lower home prices across tier-1 and tier-2 cities. Prozameen