China’s struggling economy has taken a new blow as new home sales continue to decline, adding further strain on the already faltering market. While this downturn impacts various sectors like construction and real estate, it is noteworthy that tech stocks remain unaffected, continuing their strong climb despite macro forces at play. analyses by Reuters indicate an ongoing downward trend in property prices, investments, and sales after a brief period of stability. The Chinese government has been actively intervening to stabilize the property market, including addressing it in its 2025 agenda, yet recent data reveals that gains are fading as new home sales have dipped. While attempts to normalize house prices are underway, government efforts haven’t completely addressed lingering issues like local price controls and demographic shifts affecting demand.