National Bureau of Statistics: In January-February, national real estate development investment reached 961.2 billion yuan, down 11.1% year-on-year.

2026-03-17 07:10:08

According to data from the National Bureau of Statistics, from January to February, the country’s real estate development investment was 961.2 billion yuan, down 11.1% year-on-year, with the decline narrowing by 6.1 percentage points compared to the previous year. Residential investment was 728.2 billion yuan, down 10.7%, with the decline narrowing by 5.6 percentage points. From January to February, the sales area of new commercial housing was 92.93 million square meters, down 13.5% year-on-year, with the decline expanding by 4.8 percentage points compared to the previous year. Among them, the sales area of residential properties decreased by 15.9%. The sales amount of new commercial housing was 818.6 billion yuan, down 20.2%, with the decline expanding by 7.6 percentage points; among them, the sales amount of residential properties decreased by 21.8%.

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