China property sales fell 22.2% on year in Jan – Jun
China property sales fell 22.2% on year in Jan – Jun

China property sales fell 22.2% on year in Jan – Jun


China’s property sales by floor area reached 689.2 million square meters in the first half of the year, sliding 22.2% from a year earlier, compared to 23.6% drop for the first five months, according to the National Bureau of Statistics.

The value of the property sales reached 6.6 trillion yuan in the first half of the year, slumping 28.9% year over year, compared to 31.5% drop for the period of January – May, showed NBS Data.