Moody's changed its outlook for China's real estate industry from negative to stable: the financing environment is expected to further improve

[Moody's adjusts the outlook of China's real estate industry from negative to stable: financing environment is expected to further improve] May 15, international rating agency Moody's in the latest report changed the outlook of China's real estate industry from negative to stable, and said that the risk of further decline in sales is low, and the financing environment is expected to further improve. National contract sales in China's real estate market will stabilize in the next 12 months, following a 28% drop in real estate sales in 2022, Moody's said in the report. In addition, with the expansion of measures taken by the government, financing channels will be further improved.