China Housing Index

Beijing is weighing a fresh round of stimulus to shore up a struggling housing market, Bloomberg News reported. Proposed measures include nationwide mortgage subsidies for first-time buyers, increased income-tax rebates for mortgage holders, and lower home transaction costs. If implemented, the package would mark China’s latest attempt to halt a prolonged property slump that has eroded household wealth, dampened consumption, and pressured banks’ balance sheets. Bloomberg said the plan has been under discussion since Q3, though “timing and final policy design remain uncertain.”