The real estate industry in China plays a crucial role in the country's economic development and social progress. As a pillar industry of the national economy, it has driven the growth of dozens of related sectors such as building materials, home decoration, and finance, creating many urban employment opportunities and playing a significant role in driving economic growth. This paper forecasts China's real estate market post-pandemic. It analyzes the industry's downturn under epidemic impacts and policy effects like "housing for living, not speculation." It explores developers' strategies: financial restructuring (asset divestiture, REITs), product focus on improved/niche housing, regional concentration, and operational upgrades. The study predicts a 12-trillion-yuan market from stock renewal, rentals, and smart services, with policies integrating international experience. It notes a dual ecosystem of state-owned and private enterprises, multi-level financing, tech-green regulation, and shifted homebuyer focus on living attributes and risk defense, foreseeing a capacity-driven growth shift.
H. L. Chen (2025) studied this question.
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