Chinese new home prices are forecast to decelerate more slowly in 2025 by 3.8% compared with a May forecast of 4.8%, Reuters reported Thursday, citing a survey by the news outlet.

In 2026, prices are seen to decline 0.5% more before returning to a 2.7% growth in 2027, the report said.

Among economists surveyed by Reuters, the forecasts were widely dispersed, ranging from a 15% slide to a 1.5% decrease, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)