National Bureau of Statistics: From January to July, national real estate development investment was 4.3009 trillion yuan, a year-on-year decrease of 19.2%.

The National Bureau of Statistics released the basic situation of the national real estate market for the period from January to July 2026. From January to July, national real estate development investment reached 4.3009 trillion yuan, a year-on-year decrease of 19.2% (calculated on a comparable basis); among which, residential investment was 3.3172 trillion yuan, a decrease of 19.1%. From January to July, the construction area of housing by real estate development enterprises was 55,757,200 square meters, a year-on-year decrease of 12.7%. Among this, the construction area for residential purposes was 38,705,100 square meters, a decrease of 13.0%. The newly started construction area for housing was 26,700,000 square meters, a decrease of 24.0%. Among this, the newly started construction area for residential purposes was 19,490,000 square meters, a decrease of 24.6%. The completed construction area for housing was 19,195,000 square meters, a decrease of 23.2%. Among this, the completed construction area for residential purposes was 13,443,000 square meters, a decrease of 25.5%. From January to July, the sales area of newly built commercial housing was 45,021,000 square meters, a year-on-year decrease of 11.8%; among this, the residential sales area decreased by 12.7%. The sales value of newly built commercial housing was 4.2718 trillion yuan, a decrease of 13.1%; among this, the sales value for residential purposes decreased by 13.2%. By the end of July, the area of commercial housing for sale was 75,911,000 square meters, a year-on-year decrease of 0.8%. Among this, the area for sale for less than three years was 55,559,000 square meters, a decrease of 3.6%. From January to July, the funds in place for real estate development enterprises were 4.5748 trillion yuan, a year-on-year decrease of 20.3%. Among this, domestic loans were 630 billion yuan, a decrease of 32.1%; self-raised funds were 1.6544 trillion yuan, a decrease of 18.5%; deposits and advance receipts were 1.4376 trillion yuan, a decrease of 14.4%; personal mortgage loans were 604 billion yuan, a decrease of 23.5%. This article is compiled from the official website of the "National Bureau of Statistics," edited by Xu Wenqiang.