National Bureau of Statistics: From January to April, the national real estate development investment was 2.3969 trillion yuan, a year-on-year decrease of 13.7%.

On May 18th, the National Bureau of Statistics issued a document stating that from January to April, the national real estate development investment was 2.3969 trillion yuan, a year-on-year decrease of 13.7% (calculated on a comparable basis); of which, residential investment was 1.8464 trillion yuan, a decrease of 13.1%. From January to April, the construction area of real estate development enterprises was 5.45116 billion square meters, a decrease of 12.1% year-on-year. Among them, the construction area of residential buildings was 3.78005 billion square meters, a decrease of 12.5%. The new construction area of buildings was 139 million square meters, a decrease of 22.0%. Among them, the new construction area of residential buildings was 100.57 million square meters, a decrease of 23.6%. The completion area of buildings was 118.86 million square meters, a decrease of 24.0%. Among them, the completion area of residential buildings was 84.73 million square meters, a decrease of 25.8%. Source: National Bureau of Statistics, GMTEight Editor: Chen Wenfang.