(Beijing Comprehensive News) The latest official data from China shows that in the first five months of this year, Chinese residential sales increased year -on -year, but the newly started area and real estate development investment in houses declined, showing that the real estate market is still sluggish, real estate companies lack investment motivation for investmentEssence

According to the data released by the National Bureau of Statistics of China on Thursday (June 15), from January to May this year, Chinese commercial housing sales were 5 trillion yuan (RMB, the same below, Sim of 937.8 billion yuan), an increase of 8.4 year -on -year%, Narrowed by 0.4 percentage points from January to April; of which, residential sales were 4.5 trillion yuan, an increase of 11.9%over the same period last year, and the increase was slightly increased from January to April.

However, in the first five months of this year, China's real estate development investment decreased by 7.2%year -on -year, and the decrease was expanded from 6.2%from January to April; the newly started construction area of houses decreased by 22.6%from January to May, from JanuaryBy April, 21.2%has expanded, showing that the current willingness to develop new projects in real estate development companies in China is not strong.

The sales price of commercial housing is basically stable.The Chief Statistical Division of the National Bureau of Statistics, the Chief Statistics Division, explained that the sales price of new commercial housing in 70 large and medium -sized cities in May in May, the overall increase in the overall increase and the decline in second -hand housing;The downward trend slows down.

Reuters According to the data of the National Bureau of Statistics of China, the price index of newly -built commercial housing in 70 large and medium -sized cities in May of May increased by 0.1%year -on -year. It was the first time since April last year.The smallest increase in four months.

Fu Linghui, a spokesman for the National Bureau of Statistics and Director of the Comprehensive Statistics Department of the National Economic Economic Affairs, said at the press conference on Thursday that from the situation in May, the real estate market is generally stable, but due to multiple factors, the real estate development and construction are still relatively downturn.The real estate market is still recovering slowly.

Fu Linghui admits that real estate still faces many difficulties at present; from the next stage, as the economy recovers, stabilize the real estate market policy to significantly effective, market expectations have improved, and the real estate market is expected to stabilize.