Home Ownership Rate in China decreased to 89.68 percent in 2018 from 90 percent in 2014. This dataset provides - China Home Ownership Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news.

As of 2019, more than ** percent of China's lower-tier population owned an apartment or a house. The ownership rate was significantly higher compared to big-city residents. Approximately ** percent of homeowners from lower-tier cities and towns did not have any mortgage on their property.

Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Private Sector data was reported at 64.300 % in Jun 2019. This records an increase from the previous number of 64.200 % for May 2019. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Private Sector data is updated monthly, averaging 67.500 % from Mar 1985 (Median) to Jun 2019, with 348 observations. The data reached an all-time high of 71.900 % in Feb 2004 and a record low of 50.200 % in Mar 1985. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Private Sector data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB096: Housing Ownership Rate: Domestic Households.

Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Public Sector data was reported at 31.900 % in Jun 2019. This records a decrease from the previous number of 32.000 % for May 2019. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Public Sector data is updated monthly, averaging 32.250 % from Mar 1985 (Median) to Jun 2019, with 348 observations. The data reached an all-time high of 36.700 % in Nov 2001 and a record low of 5.900 % in Mar 1985. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers in Public Sector data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB096: Housing Ownership Rate: Domestic Households.

In 2019, the ownership rate of smart TVs in China was ** percent. It was the highest ownership rate among all surveyed smart home-related consumer electronics. However, the ownership rate in almost all product categories increased.

Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers data was reported at 49.400 % in Jun 2019. This stayed constant from the previous number of 49.400 % for May 2019. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers data is updated monthly, averaging 50.300 % from Dec 1981 (Median) to Jun 2019, with 361 observations. The data reached an all-time high of 54.400 % in Feb 2004 and a record low of 28.300 % in Mar 1982. Hong Kong SAR, China Housing Ownership Rate: Domestic Households: Owner-Occupiers data remains active status in CEIC and is reported by Census and Statistics Department. The data is categorized under Global Database’s Hong Kong SAR – Table HK.EB096: Housing Ownership Rate: Domestic Households.

Housing Index in China decreased by 3.50 percent in May from -4 percent in April of 2025. This dataset provides the latest reported value for - China Newly Built House Prices YoY Change - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

In 2020, around *********** urban households in China were living in purchased newly built commercial residential houses or apartments. In comparison, over *********** urban households lived in self-built houses.

In China, home ownership is commonly considered to be important before marriage. According to a survey on the dating culture in China conducted in 2019, over ** percent of the single respondents who were born after 1990 stated that they wanted to buy a property before getting married. In that survey, over ** percent of the female respondents perceived owning a property as a prerequisite for marriage.

In 2023, the average price of real estate in China was approximately ****** yuan per square meter, representing a decrease from the previous year. Rising prices in the real estate market Since the 1998 housing reform, property prices in China have been rising continuously. Housing in the country is now often unaffordable, especially considering the modest per capita income of Chinese households. Shanghai and Beijing even have some of the most competitive real estate markets in the world. The rapid growth in housing prices has increased wealth among homeowners, while it also led to a culture of speculation among buyers and real estate developers. Housing was treated as investments, with owners expecting the prices to grow further every year. Risk factors The expectation of a steadily growing real estate market has created a property bubble and a potential debt crisis. As Chinese real estate giants, such as China Evergrande and Country Garden, operate by continuously acquiring land plots and initiating new projects, which often require substantial loans and investments, a slowdown in property demands or a decline in home prices can significantly affect the financial situation of these companies, putting China’s banks in a vulnerable position. In addition, due to a lack of regulations and monetary constraints, the long-term maintenance issues of high-rise apartments are also a concern to the sustainable development of China’s cities.

Graph and download economic data for Real Residential Property Prices for China (QCNR628BIS) from Q2 2005 to Q1 2025 about China, residential, HPI, housing, real, price index, indexes, and price.

Housing Starts in China increased to 23183.61 Tens of Thousands Square Metre in May from 17835.84 Tens of Thousands Square Metre in April of 2025. This dataset includes a chart with historical data for China Housing Starts.

China Lending Rate: Weighted Average: Individual Housing Loan data was reported at 3.090 % pa in Dec 2024. This records a decrease from the previous number of 3.310 % pa for Sep 2024. China Lending Rate: Weighted Average: Individual Housing Loan data is updated quarterly, averaging 5.395 % pa from Mar 2009 (Median) to Dec 2024, with 64 observations. The data reached an all-time high of 7.620 % pa in Dec 2011 and a record low of 3.090 % pa in Dec 2024. China Lending Rate: Weighted Average: Individual Housing Loan data remains active status in CEIC and is reported by The People's Bank of China. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Rediscount and Lending Rate.

Key information about House Prices Growth

• China house prices dropped 4.1% YoY in Dec 2024, following a decrease of 4.8% YoY in the previous month.
• YoY growth data is updated monthly, available from Mar 1999 to Dec 2024, with an average growth rate of 7.4%.
• House price data reached an all-time high of 25.0% in Feb 2010 and a record low of -12.6% in Apr 1999.

This statistic shows the share of home purchases in China from 2008 to first quarter 2018, by number of homes owned. In the first quarter of 2018, around 44 percent of all homes purchased in China were bought as a second home, whereas approximately a quarter of all home purchases were third home investments.

The China mortgage/loan broker market, valued at $33.90 billion in 2025, exhibits robust growth potential, projected to expand at a Compound Annual Growth Rate (CAGR) of 12.56% from 2025 to 2033. This significant expansion is fueled by several key drivers. Firstly, a burgeoning middle class with increasing disposable income and homeownership aspirations is driving demand for mortgage loans. Secondly, government initiatives aimed at boosting affordable housing and supporting the real estate sector are creating a favorable environment for mortgage brokers. Thirdly, the increasing complexity of mortgage products necessitates the expertise of brokers to navigate the process for both borrowers and lenders. However, the market isn't without challenges. Regulatory changes, fluctuations in interest rates, and potential economic slowdowns could act as restraints on growth. The market is segmented by mortgage loan type (conventional, jumbo, government-insured, others), loan terms (15-year, 20-year, 30-year, others), interest rate (fixed, adjustable), and provider (primary and secondary lenders). Major players include Bank of Japan, Bank of China, Suruga Bank Ltd., and several other significant financial institutions. While the detailed regional breakdown for China is unavailable, the national market size and CAGR provide a strong indication of its overall growth trajectory. The diverse range of services offered by mortgage brokers, catering to varied customer needs and risk profiles, further enhances the market's dynamism and resilience. Strategic partnerships between brokers and financial institutions are also likely to increase market penetration and efficiency. The forecast period suggests a continuously upward trend, with broader implications for the overall Chinese financial landscape. The competitive landscape within the Chinese mortgage broker market is characterized by a mix of large established financial institutions and potentially smaller, more specialized brokerages. The dominance of established banks reflects their extensive reach and brand recognition. However, niche players specializing in specific mortgage types or customer segments could experience rapid growth by leveraging their expertise and filling unmet market needs. The market is expected to see consolidation in the coming years, as larger firms seek to acquire smaller ones to expand their market share and service offerings. Technological advancements, such as online platforms and fintech solutions, are transforming the market, improving accessibility and efficiency. This digital transformation is expected to attract new entrants and further accelerate growth, but will also necessitate ongoing adaptation and investment by existing players to maintain competitiveness. Analyzing specific regional variations within China would require additional data, but the overall national projections paint a positive picture for the growth of this sector. Recent developments include: In September 2023, the Agricultural Bank of China (ABC), one of the four major state-owned banks in the country, launched a global matchmaking platform during the Belt and Road Agricultural Cooperation and Development Forum in Beijing., In June 2023, HSBC Bank (China) Company Limited acquired Citi’s retail wealth management portfolio in mainland China.. Key drivers for this market are: Surge in China household Wealth, Increasing Penetration rate among investors. Potential restraints include: Surge in China household Wealth, Increasing Penetration rate among investors. Notable trends are: Change in Monetary factors affecting China Mortgage/Loan Brokers market..

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Real Estate Market Size 2025-2029

The real estate market size is forecast to increase by USD 1,258.6 billion at a CAGR of 5.6% between 2024 and 2029.

The market is experiencing significant shifts and innovations, with both residential and commercial sectors adapting to new trends and challenges. In the commercial realm, e-commerce growth is driving the demand for logistics and distribution centers, while virtual reality technology is revolutionizing property viewings. Europe's commercial real estate sector is witnessing a rise in smart city development, incorporating LED lighting and data centers to enhance sustainability and efficiency. In the residential sector, wellness real estate is gaining popularity, focusing on health and well-being. Real estate software and advertising services are essential tools for asset management, streamlining operations, and reaching potential buyers. Regulatory uncertainty remains a challenge, but innovation in construction technologies, such as generators and renewable energy solutions, is helping mitigate risks.

What will be the Size of the Real Estate Market During the Forecast Period?

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The market continues to exhibit strong activity, driven by rising population growth and increasing demand for personal household space. Both residential and commercial sectors have experienced a rebound in home sales and leasing activity. The trend towards live-streaming rooms and remote work has further fueled demand for housing and commercial real estate. Economic conditions and local market dynamics influence the direction of the market, with interest rates playing a significant role in investment decisions. Fully furnished, semi-furnished, and unfurnished properties, as well as rental properties, remain popular options for buyers and tenants. Offline transactions continue to dominate, but online transactions are gaining traction.
The market encompasses a diverse range of assets, including land, improvements, buildings, fixtures, roads, structures, utility systems, and undeveloped property. Vacant land and undeveloped property present opportunities for investors, while the construction and development of new housing and commercial projects contribute to the market's overall growth.

How is this Real Estate Industry segmented and which is the largest segment?

The industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.

Type

  Residential
  Commercial
  Industrial


Business Segment

  Rental
  Sales


Manufacturing Type

  New construction
  Renovation and redevelopment
  Land development


Geography

  APAC

    China
    India
    Japan
    South Korea


  North America

    Canada
    US


  Europe

    Germany
    UK


  South America

    Brazil


  Middle East and Africa

By Type Insights

The residential segment is estimated to witness significant growth during the forecast period.

The market encompasses the buying and selling of properties designed for dwelling purposes, including buildings, single-family homes, apartments, townhouses, and more. Factors fueling growth in this sector include the increasing homeownership rate among millennials and urbanization trends. The Asia Pacific region, specifically China, dominates the market due to escalating homeownership rates. In India, the demand for affordable housing is a major driver, with initiatives like Pradhan Mantri Awas Yojana (PMAY) spurring the development of affordable housing projects catering to the needs of lower and middle-income groups. The commercial real estate segment, consisting of office buildings, shopping malls, hotels, and other commercial properties, is also experiencing growth.

Furthermore, economic and local market conditions, interest rates, and investment opportunities in fully furnished, semi-furnished, unfurnished properties, and rental properties influence the market dynamics. Technological integration, infrastructure development, and construction projects further shape the real estate landscape. Key sectors like transportation, logistics, agriculture, and the e-commerce sector also impact the market.

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The Residential segment was valued at USD 1440.30 billion in 2019 and showed a gradual increase during the forecast period.

Regional Analysis

APAC is estimated to contribute 64% to the growth of the global market during the forecast period.

Technavio's analysts have elaborately explained the regional trends and drivers that shape the market during the forecast period.

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The Asia Pacific region holds the largest share of The market, dr

In 2024, the total value of personal housing loans in China dropped by *** percent compared to the previous year, reflecting a significant decline in the demand of the country's real estate market. The absolute value amounted to ************** yuan. On the background of inflating real estate loans, the Chinese government introduced a limit on the share of housing loans which commercial banks can hold on their balance sheets.

The China home mortgage finance market, while experiencing a period of adjustment following recent regulatory changes, presents a compelling long-term investment opportunity. The market's size in 2025 is estimated at $4 trillion USD, reflecting a significant contribution from a large and growing population, ongoing urbanization, and government initiatives aimed at affordable housing. The historical period (2019-2024) likely saw robust growth, though fluctuating due to factors such as macroeconomic conditions and policy shifts. While precise figures for this period are unavailable, industry analysis suggests a CAGR in the high single digits to low double digits, considering the sustained growth in the overall real estate sector before the recent regulatory tightening. The forecast period (2025-2033) anticipates a more moderate, yet still positive, CAGR, influenced by government efforts to curb excessive speculation and promote sustainable growth in the housing market. This moderation reflects a shift towards a more balanced and controlled expansion of the mortgage finance sector. Despite recent regulatory interventions aimed at managing risk within the financial system, the underlying demand for housing in China remains substantial. Continued urbanization, a growing middle class seeking improved living standards, and government policies supporting affordable housing will contribute to the market's long-term resilience. The focus is now shifting towards a more sustainable model of growth, prioritizing responsible lending practices and minimizing systemic risks. This necessitates adaptation within the mortgage finance sector, leading to innovative lending models, enhanced risk management strategies, and increased technological adoption. The market’s future will depend on successfully navigating these challenges while continuing to meet the housing needs of a large and dynamic population. Recent developments include: October 2022: HSBC expands China's private banking network and launches in two new cities., September 2022: China Construction Bank Corp., one of the country's four largest state-owned lenders, will set up a 30-billion-yuan (USD 4.2 billion) fund to buy properties from developers. The move comes even as policymakers take steps to contain a real estate crisis weighing on the economy.. Notable trends are: Favorable Mortgage Rates is Expected to Drive the Market.

The China home loan market, a significant driver of the nation's real estate sector, exhibits robust growth potential. With a market size exceeding [Estimate based on available data – e.g., ¥5 trillion in 2025] and a Compound Annual Growth Rate (CAGR) exceeding 6%, the market is projected to reach [Estimate based on CAGR and 2025 value – e.g., ¥7.5 trillion] by 2033. This expansion is fueled by several key drivers, including a burgeoning middle class with increasing disposable income, supportive government policies aimed at boosting homeownership, and ongoing urbanization driving demand for housing in rapidly developing cities. Key market segments include home purchases, which dominate market share, followed by refinancing and home improvements. The end-user segment is largely driven by employed individuals and professionals, indicating a strong correlation between economic stability and home loan demand. Tenure-based segmentation reveals a diverse market, with significant representation across all tenure groups, highlighting the longevity and stability of the home loan market within China. However, the market faces potential restraints including government regulations aimed at curbing excessive borrowing, fluctuating interest rates, and concerns regarding potential housing bubbles in certain regions. The competitive landscape is dominated by major state-owned banks such as ICBC, Bank of China, and China Construction Bank, showcasing the significant role of these institutions in facilitating home loans. However, the presence of private and smaller banks demonstrates a degree of competition and market diversification. Future growth hinges on sustained economic growth, effective government policies, and responsible lending practices to mitigate risks and ensure market stability. Understanding these dynamics is crucial for businesses operating within this sector and for investors seeking exposure to this high-growth market. Further detailed analysis of regional variations within China is required for a comprehensive understanding of localized market opportunities and challenges. This includes identifying pockets of high growth and understanding the specific factors driving demand in various provinces and municipalities. Recent developments include: March 2023: ICBC implemented a set of policies and subsequent actions to stabilize the economy; promptly issued specific measures to stabilize growth; implemented forward-looking, accurate, and appropriate measures to emphasize its core responsibility and core business; and led and supported real economy growth through financial services., October 2022: China Everbright Limited's (Stock code: 165. HK) CEL-Catalyst China-Israel Fund is pleased to announce that its portfolio company SatixFy successfully listed on NYSE American on 28th October 2022 with the symbol 'SATX', via a merger with Endurance Acquisition Corp. (NASDAQ: EDNC), a publicly traded special purpose acquisition company, or SPAC.. Key drivers for this market are: Real Estate Market Trends, Government Policies. Potential restraints include: Real Estate Market Trends, Government Policies. Notable trends are: Impact of Increasing Household Consumption on Home Loan Market in China.