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Yahoo
2 days ago
- Business
- Yahoo
China's property investment falls 12% y/y in January-July
BEIJING (Reuters) -Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first half, official data showed on Friday. Property sales by floor area fell 4.0% year-on-year, compared with a 3.5% drop in the first six months of the year. New construction starts measured by floor area slumped 19.4%, after contracting 20% in the January-to-June period. Funds raised by China's property developers in the first seven months of the year were down 7.5%, versus a 6.2% drop in the first half. Sign in to access your portfolio
Yahoo
2 days ago
- Business
- Yahoo
China's property investment falls 12% y/y in January-July
BEIJING (Reuters) -Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first half, official data showed on Friday. Property sales by floor area fell 4.0% year-on-year, compared with a 3.5% drop in the first six months of the year. New construction starts measured by floor area slumped 19.4%, after contracting 20% in the January-to-June period. Funds raised by China's property developers in the first seven months of the year were down 7.5%, versus a 6.2% drop in the first half. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
2 days ago
- Business
- Reuters
China's property investment falls 12% y/y in January-July
BEIJING, Aug 15 (Reuters) - Property investment in China declined 12.0% in the first seven months of the year from the same period last year, after dropping 11.2% in the first half, official data showed on Friday. Property sales by floor area fell 4.0% year-on-year, compared with a 3.5% drop in the first six months of the year. New construction starts measured by floor area slumped 19.4%, after contracting 20% in the January-to-June period. Funds raised by China's property developers in the first seven months of the year were down 7.5%, versus a 6.2% drop in the first half.
Reuters
15-07-2025
- Business
- Reuters
China's property investment falls 11.2% y/y in January-June
BEIJING, July 15 (Reuters) - Property investment in China declined 11.2% in the first half of the year from the same period last year, after slumping 10.7% in January-May, official data showed on Tuesday. Property sales by floor area fell 3.5% year-on-year, compared with a 2.9% drop in the first five months of the year. New construction starts measured by floor area dropped 20%, after contracting 22.8% in the January-to-May period. Funds raised by China's property developers in the first half of the year were down 6.2%, versus a 5.3% drop in the first five months.
