The National Bureau of Statistics of China announced on Tuesday (January 17) that the national real estate development investment in 2022 was 132,89.5 billion yuan (RMB, Same as S $ 2604.6 billion), a decrease of 10.0 from the previous year%; Among them, residential investment fell by 9.5%.
In terms of real estate sales, the national commercial housing sales area decreased by 24.3%from the previous year, of which the residential sales area decreased by 26.8%;28.3%.
As of the end of 2022, the area of Chinese commercial housing for sale was 563.66 million square meters, an increase of 10.5%over the previous year, of which the residential area was 18.4%.
The national real estate development prosperity index that reflects the market situation is 94.35 in December last year, which is a lower level.This index was 100.28 in December 2021. Since the record of 96.87, which has been recorded in February last year, it continued to decline.
