National Bureau of Statistics: Optimizing the implementation of real estate policies and measures will contribute to the stability and health of the real estate market. In the first two months of this year, national real estate development investment fell by 9% year-on-year, and the decline was 0.6 percentage points narrower than the entire previous year.
In terms of sales, from January to February, the sales area of newly built commercial housing nationwide fell by 20.5%, and sales fell by 29.3%. From a price point of view, in February, commercial residential sales prices in all tiers of 70 large and medium-sized cities continued to narrow overall.