Beijing's recent stimulus push is keeping markets on steadier ground for now, but there's a catch—the property sector just isn't getting the memo. While broader market indices are holding their own, the real estate drag remains visible.

The stimulus packages have done their job in preventing a sharper downturn, propping up confidence where it matters most. But here's the reality: demand in the property market stays lackluster. Developers are still struggling to move units, prices aren't exactly rallying, and consumer appetite for real estate investments continues to wane.

This divergence tells you something. Yes, liquidity measures help. But structural issues in housing demand won't disappear overnight. The sector's recovery—if it comes—will likely be gradual and uneven. For traders watching macroeconomic cycles, this is a signal worth noting: stimulus can stabilize, but it can't instantly fix everything.