Real estate investment in China rose 21.6% in the first four months of 2021 from a year earlier, cooling from a 25.6% gain seen in the first three months, official data showed on Monday.
Property sales by floor area grew 48.1% year-on-year, slowing from a 63.8% rise in the first quarter of the year, the National Bureau of Statistics (NBS) said in a statement.
New construction starts measured by floor area rose 12.8% from a year earlier, compared with 28.2% growth in the January-March period.
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May 17, 2021 at 09:07AM
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China Jan-April property investment up 21.6% y/y, cooling from Q1 - Reuters
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