The China housing market is showing balanced conditions with stable prices and moderate inventory levels. Home prices have decreased 28.6% in the past month. With 6.0 months of supply, China's inventory levels remain relatively tight. Homes are taking about 6 days to sell, which is 0 days longer than this time last year. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the China market with the affordability index at 745.7. Looking ahead, the China market is expected to maintain its current trajectory with relatively stable conditions.