Property Investment in China Falls 10.4% -On-Year
 17 Dec 2024   CW Team 
            
          		Property investment in China fell 10.4per cent  in the first eleven months of 2024 from a year earlier, after dropping 10.3per cent  in January-October, National Bureau of Statistics (NBS) data showed on Monday.
Property sales by floor area in January-November fell 14.3per cent  from a year earlier, versus a 15.8per cent  drop in January-October.
New construction starts measured by floor area declined 23.0per cent  on year, after a 22.6per cent  drop in the first 10 months.
Funds raised by China's property developers were down 18.0per cent  from a year earlier after a 19.2per cent  fall in January-October.