Sales of new housing in China fall 0.4% in 1st BI, but signal improvement

by Andrea
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As Sales of new housing in China In value they fell 0.4% in the first quarter of 2025 compared to last year, according to data from the National Statistics Office (NBS).

The result, however, indicates significant improvement in the 17.6% drop observed in sales in 2024.

Constructions started-considering both residences and commercial properties-registered annual decline of 29.6% in January and February, before 23% reduction last year.

Os investments in the development of real estate projects, In turn, they showed annual contraction of 9.8% in the first quarter, lower than the 10.6% retreat in 2024.

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