China's commercial housing sales fell 28.9%year -on -year in the first half of this year.
The data released by the website of China State Statistics Bureau on Friday (July 15) shows that the sales area of commercial housing from January to June this year was 689.23 million square meters, a decrease of 22.2%year -on -year; of which, the residential sales area decreased down26.6%.The sales of commercial houses were 6607.2 billion yuan, a decrease of 28.9%; of which, residential sales fell by 31.8%.
From January to June, the national real estate development investment was 6831.4 billion yuan (RMB, the same below, ST 1419.7 billion), a year -on -year decrease of 5.4%;Fall 4.5%.
The real estate development enterprise construction area of the first six months of this year was 848.812 million square meters, a year -on -year decrease of 2.8%.Among them, the residential construction area was 5994.29 million square meters, a decrease of 2.9%.The new construction area of the house was 66.423 million square meters, a decrease of 34.4%.Among them, the newly started construction area was 488 million square meters, a decrease of 35.4%.The completion area of the house was 286.36 million square meters, a decrease of 21.5%.Among them, the completion area of the residential house was 20.858 million square meters, a decrease of 20.6%.
The real estate development prosperity index also declined for four consecutive months, 95.4 in June, which was lower than 95.6 in May.
