In the January-September period this year, total real estate investments in China amounted to RMB 8.73 trillion ($1.22 trillion), down 9.1 percent year on year, as announced by China's National Bureau of Statistics (NBS).
In the given period, new commercial real estate sold in China covered a total area of 848.06 million m2, down 7.5 percent year on year.
The total area covered by construction activity in China in the given period declined by 7.1 percent year on year. Nevertheless, the new area covered by construction activity decreased by 23.4 percent year on year in the given period.
The real estate development prosperity index in September this year stood at 93.44, down from 93.56 recorded in August.
$1 = RMB 7.1795
