The data released by China's official Thursday (June 15) shows that residential sales continue to grow.However, due to the obstacles of developers' efforts to restore their business, the decline in real estate development and investment in real estate development and newly started houses across the country expanded.

The National Bureau of Statistics of China announced that residential sales from January to May this year increased by 11.9%compared with the same period last year, and the increase was slightly expanded from 11.8%from January to April.

However, in the first five months of this year, the national real estate development investment decreased by 7.2%year -on -year, and the decrease was expanded from 6.2%from January to April.

From January to May, the new construction area of houses also decreased by 22.6%, a decrease of a decrease from 21.2%from January to April.

On the other hand, the Chief Statistical Division of the National Bureau of Statistics of the Chinese National Bureau of Statistics, the National Day of the National Statistics Department of the National Bureau of Statistics, interpreted the statistics of the changes in the sales price of the commodity housing in May 2023.The overall increase in prices fell, and second -hand residential houses decreased from the previous month.