Guangdong Saves Real Estate Investment In May

Real estate investment increased 6.6 percent yoy in May, a slowdown from the earlier pace in 2016.

First the national growth chart again:

Now here's Guangzhou, which accounted for 9.7 percent of total investment in May. Guangdong saw real estate investment increase more than 40 percent in May. If that is cut in half, down to the rate of growth in April, national real estate investment growth in May falls to 4.7 percent.

A few of the provinces responsible for the drop in real estate investment after after the jump; mainly northeast provinces.

No comments:

Post a Comment