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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.

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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.