National Bureau of Statistics: From January to May, the total investment in real estate development nationwide was 3.0356 trillion yuan, a year-on-year decrease of 16.2%.

Data released by the National Bureau of Statistics shows that from January to May, the total real estate development investment in the country was 3.0356 trillion yuan, a year-on-year decrease of 16.2%; of which, residential investment was 2.3426 trillion yuan, a decrease of 15.6%. From January to May, real estate development enterprises' residential construction area was 548.775 million square meters, a year-on-year decrease of 12.3%; the sales area of newly built commercial housing was 31.32 million square meters, a year-on-year decrease of 10.8%, with a 12.1% decrease in residential sales area. The sales revenue of newly built commercial housing was 2.9366 trillion yuan, a decrease of 13.5%, with a 14.1% decrease in residential sales revenue. I. Completion of Real Estate Development Investment From January to May, the total real estate development investment in the country was 3.0356 trillion yuan, a year-on-year decrease of 16.2%; of which, residential investment was 2.3426 trillion yuan, a decrease of 15.6%. From January to May, real estate development enterprises' residential construction area was 548.775 million square meters, a year-on-year decrease of 12.3%. Among them, the residential construction area was 380.83 million square meters, a decrease of 12.6%. The newly started construction area of houses was 179.29 million square meters, a decrease of 22.6%. Among them, the newly started residential area was 130.84 million square meters, a decrease of 23.4%. The completed construction area of houses was 140.87 million square meters, a decrease of 23.4%. Among them, the completed residential area was 99.99 million square meters, a decrease of 25.0%. II. Sales and Unsold Situation of Newly Built Commercial Housing From January to May, the sales area of newly built commercial housing was 31.32 million square meters, a year-on-year decrease of 10.8%; with a 12.1% decrease in residential sales area. The sales revenue of newly built commercial housing was 2.9366 trillion yuan, a decrease of 13.5%; with a 14.1% decrease in residential sales revenue. At the end of May, the unsold area of commercial housing was 77.182 million square meters, a year-on-year decrease of 0.4%; among them, the unsold area under 3 years was 57.152 million square meters, a decrease of 2.8%. III. Situation of Real Estate Development Enterprises' Capital in Place From January to May, the capital in place of real estate development enterprises was 3.2756 trillion yuan, a year-on-year decrease of 19.0%. Among them, domestic loans were 487.5 billion yuan, a decrease of 28.7%; self-raised funds were 1.1985 trillion yuan, a decrease of 13.0%; deposits and prepayments were 1.0012 trillion yuan, a decrease of 16.1%; individual mortgage loans were 406.6 billion yuan, a decrease of 28.0%. This article is compiled from the official website of the National Bureau of Statistics, edited by GMTEight: Xu Wenqiang.