# mortgages

China’s Property Sector Slumps Again as Sales and Funding Dry Up, Investment Pain Eases Only Slightly

China’s property investment fell 11.1% in January–February 2026 to 9.612 trillion yuan, with residential investment down 10.7%. Sales volumes and values posted sharper declines and developer funding—especially mortgages and pre‑sales—sank steeply, highlighting persistent demand weakness despite a modest narrowing in investment contraction.