Median home prices are now contracting at levels NEVER seen in 60 years
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China’s real residential property prices crashed to their lowest level on record hitting 20 year low
Data from the Bank for International Settlements shows the index dropped to 86.79 in Q4 2025, down from 88.85 in the previous quarter. The index has now declined steadily from its peak of 112.99 in September 2021 marking a 21.5% correction in China’s housing market. The latest reading is also the lowest level since records began in 2005 signaling continued weakness across the property sector. Real estate has been the primary repository of life savings for hundreds of millions of Chinese households. Yet roughly 85 percent of the price gains that underpinned that wealth creation have evaporated since 2021. Sales and prices continue to slide, while an estimate of 80 Million unsold or vacant homes clog the market and many of the country’s largest private developers have defaulted on debts Source: Bull Theory
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CBRE stock fell despite record revenue and strong core earnings due to shifting investor narratives and accounting impacts. AI disruption fears triggered multiple contraction, reducing valuation. GAAP net income declined 14.6% due to one-time pension and safety charges, creating negative headlines. Revenue slightly missed expectations, disappointing a market pricing perfection. High institutional ownership amplified technical selling through stop-loss triggers. Overall, sentiment, valuation reset, and temporary accounting effects—not business weakness—drove the sharp decline recent market reaction after earnings announcement period release. Source: CBRE Group

