BEIJING—China’s house prices are expected to rise just 3.1 percent in 2020, the slowest growth over a calendar year since 2015, a Reuters poll showed, with tightening policies continuing to cool the market even as some easing is expected to prevent a sharp slowing.
A further moderation in China’s frothy market would be welcomed by Chinese leaders, who have cracked down on speculative buying for nearly four years as prices increased in almost every city-tier while income growth decreased.
