China’s real estate market shows early signs of stabilization

UBS analysts on Wednesday became the latest to raise expectations that China’s struggling real estate market is close to stabilizing. “After four or five years of a downward cycle, we have begun to see some relatively positive signals,” John Lam, head of Asia-Pacific property and Greater China property research at UBS Investment Bank, told reporters Wednesday. That’s according to a CNBC translation of his Mandarin-language remarks. “Of course these signals aren’t nationwide, and may be local,” Lam said. “But compared to the past, it should be more positive.” One indicator is improving ...