China's property investment falls 20.6% y/y in first 9 months
BEIJING: Property investment in China fell 20.6% in the first nine months from the same period last year, widening from the 19.9% drop in January-August, official data showed on Monday. Property sales by floor area declined 13.2%, following a 12.1% fall in th...
BEIJING: Property investment in China fell 20.6% in the first nine months from the same period last year, widening from the 19.9% drop in January-August, official data showed on Monday. Property sales by floor area declined 13.2%, following a 12.1% fall in the first eight months. New construction starts measured by floor area dived 24.9%, compared with a 24.8% tumble in the January-to-August period. Funds raised by...