Are there any signs of recovery in China's real estate market despite the prolonged downturn?

Despite the prolonged real estate downturn in China, some analysts see early indications of a potential turnaround. New home prices experienced an uptick in January, while the stock market has shown short-lived rebounds, particularly in the tech sector following AI innovation launches. However, significant uncertainty persists in the market. Government policymakers continue implementing stimulus measures, but their effectiveness for long-term real estate stability remains unclear. As China navigates this economic challenge, attention is focused on the government's upcoming strategies to stabilize the property sector and restore investor confidence.