China News Service, August 15. According to data released by the National Bureau of Statistics on the 15th, from January to July, the national real estate development investment was 7,946.2 billion yuan, a year-on-year decrease of 6.4%; of which, the residential investment was 6,023.8 billion yuan, a decrease of 5.8%.
Figure from the Bureau of Statistics website
From January to July, the housing construction area of real estate development enterprises was 8,591.94 million square meters, a year-on-year decrease of 3.7%.
Among them, the residential construction area was 6,070.29 million square meters, down 3.8%.
The newly started housing area was 760.67 million square meters, down 36.1%.
Among them, the newly started residential area was 559.19 million square meters, down 36.8%.
The completed housing area was 320.28 million square meters, down 23.3%.
Among them, the completed residential area was 232.79 million square meters, down 22.7%.
(Zhongxin Finance)
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