Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

Real Estate Today

Market Desk
30-Yr Fixed6.71%▲ 0.04 15-Yr Fixed5.88%▲ 0.02 Median List$429,900▼ 0.8% Existing Sales4.03M▲ 1.2% Housing Starts1.32M▼ 2.1% REITs · VNQ$91.20▲ 0.9% Case-Shiller324.1▲ 0.3% Active Inventory1.09M▲ 3.4%

Real Estate Today — Trending Real Estate News and Business

China Real Estate Faces $148 Billion Commercial Lease Challenge

China Real Estate Faces $148 Billion Commercial Lease Challenge

China real estate is confronting a land-tenure issue involving more than 1 trillion yuan, or about $148 billion, of non-residential property with 20 years or less remaining on underlying land-use terms. The issue matters to owners, buyers and lenders because shorter tenure can affect valuations, refinancing and commercial property deals. Key Takeaways Cushman & Wakefield estimates that more than 1 trillion yuan, or about $148 billion, of non-residential property in China has 20 years or less remaining on its land-use terms. CBRE estimates that about 30 million square meters of single-owner office and retail space across 18 major Chinese cities will have less than 20 years of tenure remaining by 2030. Recent reporting says Shanghai circulated renewal guidelines after Guangzhou took a similar step earlier in 2026. China’s average office vacancy rate reached 24.7% in the fourth quarter of 2025, while average office rents fell 10.4% for the full year,