National Bureau of Statistics: From January to July, the national investment in real estate development amounted to 53,580 billion yuan, a year-on-year decrease of 12.0%.

According to the Wisdom Financial APP, data released by the National Bureau of Statistics shows that from January to July, total real estate development investment in the country was 53.58 trillion yuan, a year-on-year decrease of 12.0% (calculated by comparable caliber); of which, residential investment was 41.208 trillion yuan, a decrease of 10.9%. The construction area of real estate development enterprises was 6.38731 billion square meters, a decrease of 9.2% year-on-year. Among them, the construction area of residential buildings was 4.45107 billion square meters, a decrease of 9.4%. The newly started construction area was 35.206 million square meters, a decrease of 19.4%. Among them, the new construction area of residential buildings was 25.881 million square meters, a decrease of 18.3%. The completed construction area was 25.034 million square meters, a decrease of 16.5%. Among them, the completed construction area of residential buildings was 18.067 million square meters, a decrease of 17.3%.