China property investment falls 10.7% yr/yr in January-May

BEIJING: Property investment in China declined 10.7% in the first five months of 2025 from the same period a year earlier, after dropping 10.3% in January-April, official data showed on Monday.

Property sales by floor area fell 2.9% from the previous year, compared with a 2.8% drop in the first four months.

China’s property measures give sales a boost, but only in big cities

New construction starts measured by floor area slumped 22.8%, after contracting 23.8% in January-April.

Funds raised by China’s property developers were down 5.3%, versus a 4.1% drop in the first four months.