China Real Estate Market

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China Real Estate Market

NANNING, CHINA - MAY 17, 2023 - A commercial residential property is seen in Nanning, South China's Guangxi Zhuang autonomous region, May 17, 2023. Data from China's National Bureau of Statistics shows that from January to April, the country's investment in real estate development was 3.551.4 billion yuan, down 6.2% year on year. The total investment in residential buildings was 2,707.2 billion yuan, down 4.9%. From January to April, commercial housing sales area was 376.36 million square meters, down 0.4 percent year on year. (Photo by Costfoto/NurPhoto)


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