Published: Jul 15, 2024 13:46
According to the National Bureau of Statistics, the sales area of newly-built commercial housing reached 479.16 million square meters from January to June, down 19.0% year on year. Among them, the sales area of residential housing dropped 21.9%. The sales revenue of newly-built commercial housing reached 4.7133 trillion yuan, down 25.0%, and the sales revenue of residential housing decreased by 26.9%. At the end of June, the area of unsold commercial housing was 738.94 million square meters, up 15.2% year on year. Among them, the area of unsold residential housing increased by 23.5%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn