Newly-built Commercial Housing Sales Declined in China

Editorial photo #11779174 Economy, Business and Finance

Newly-built Commercial Housing Sales Declined in China

A Vanke property is under construction in Nanjing, Jiangsu province, China, on November 15, 2024. On November 15, 2024, the National Bureau of Statistics releases data showing that from January to October 2024, China's new commercial housing sales total 7,685.5 billion yuan, a decrease of 20.9%. (Photo by Costfoto/NurPhoto)

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#11779174
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Costfoto/NurPhoto
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Economy, Business and Finance
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© 2026 NurPhoto - Costfoto/NurPhoto

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China CHN real estate invest house construct Nanjing China Vanke property construction Jiangsu province National Bureau of Statistics data release January to October 2024 commercial housing sales 7 685.5 billion yuan sales decline 20.9% decrease real estate market economic data property development construction industry housing market trends Chinese economy real estate statistics financial performance economic downturn market analysis real estate sales housing sector property market economic indicators Chinese real estate construction projects housing sales data economic report property sales decline.
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