What are the early signs of recovery in China's real estate market despite the ongoing downturn?

Despite the prolonged downturn in China's real estate market, analysts have identified promising indicators of a potential turnaround. New home prices experienced an uptick in January, suggesting the first signs of market stabilization after a difficult period for the sector. The positive momentum isn't limited to real estate alone, as the stock market has shown short-lived rebounds, particularly in the tech sector following the launch of new AI innovations. These early signals, while tentative, provide cautious optimism for investors watching for signs of recovery in China's crucial property market.