National Bureau of Statistics: The real estate development investment in the country reached 82,788 billion yuan in 2025.

On January 19, the National Bureau of Statistics released the basic situation of the national real estate market in 2025. In 2025, the total real estate development investment in the country was 82,788 billion yuan, a decrease of 17.2% from the previous year (calculated on a comparable basis); of which, residential investment was 63,514 billion yuan, a decrease of 16.3%. In 2025, the construction area of buildings by real estate development enterprises was 659.89 million square meters, a decrease of 10.0% from the previous year. In 2025, the sales area of new commercial housing was 88.101 million square meters, a decrease of 8.7% from the previous year; of which, the sales area of residential housing decreased by 9.2%. The sales revenue of new commercial housing was 83,937 billion yuan, a decrease of 12.6%; of which, the sales revenue of residential housing decreased by 13.0%.