As part of Real Estate Foresight (REF)'s 13th annual China Property Outlook, we invite anyone involved in or interested in China property sector to participate in this year's anonymous "Draw the Line" survey.

You can draw your own line on desktop/laptop or input the year-end figure on mobile here: https://ref.kubrosearch.com/drawkits/

We will present the results back here in the next weeks.

Instead of phrases like 'stabilization', or 'gradual improvement', or 'getting worse', this focuses on a path of a very specific metric over the next 12 months: the national-level new home ('commercial residential') sales in Gross Floor Area, as published monthly by the NBS - in terms of the 12M rolling vs the prior 12M.

It serves as a good starting point for more detailed discussions.

How did the 2024 forecasts do?