Saturday, 25 September 2021 09:18 GMT

China: Real estate investment rises 10.9 pct

(MENAFN) On Wednesday, Sep. 15 information from the National Bureau of Statistics (NBS) demonstrated, Chinese investment in real estate growth grew 10.9 percent on a yearly basis in the period January-August of the current year.

When put in comparison with the 2019 rate, real estate investment rose 15.9 percent, setting standard January-August development for last year and this year at 7.7 percent.

The NBS information presented that investment in residential properties received 13 percent year over year in the January-August period.

Commercial residence sales increased 15.9 percent year over year in relation to floor area to over 1.14 billion square meters. In relation to worth, commercial residence sales increased 22.8 percent.

The real estate expansion climate index collected by the NBS in August came in at 100.85 points.

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