National Bureau of Statistics: From January to May, the national real estate development investment was 30.356 trillion yuan, a year-on-year decrease of 16.2%.

According to the financial news app, National Bureau of Statistics data shows that from January to May, the national real estate development investment 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, the construction area of real estate development enterprises was 548.775 million square meters, a year-on-year decrease of 12.3%; the sales area of new commercial housing was 313.2 million square meters, a year-on-year decrease of 10.8%, with residential sales area down by 12.1%. The sales volume of new commercial housing was 2.9366 trillion yuan, a decrease of 13.5%, with residential sales volume down by 14.1%.