Guangdong: Real estate development investment in the province decreased by 16.3% year-on-year in the first half of the year.

According to the Guangdong Statistical Information Network, in the first half of the year, the province's real estate development investment was 4975.03 billion yuan, a year-on-year decrease of 16.3%. Among them, the investment in commercial residential properties was 3777.44 billion yuan, a decrease of 11.9%. By region, the Pearl River Delta region's real estate development investment was 4359.86 billion yuan, a year-on-year decrease of 15.7%; the real estate investment in the eastern, western, and northern regions of Guangdong was 615.17 billion yuan, a decrease of 20.7%. In the first half of the year, the total construction area of houses in the province was 637.49 million square meters, a decrease of 11.3% year-on-year, including a newly started construction area of 2136.40 million square meters, a decrease of 21.1%; the total completed construction area of houses in the province was 2053.27 million square meters, a decrease of 20.0%.