Real Estate Investment Contracts 1.1% in August

For the first time since December 2014, real estate investment contracted. Real estate investment fell 1.1% year-on-year in August, lowering the cumulative YTD growth figure to 3.5%. The bright spot remains sales, but the growth in sales is starting to decelerate.

Source: 2015年1-8月份全国房地产开发投资和销售情况

More charts after jump.

Real Estate Investment Growth Rate

Land purchases by developers (area)

New Home Sales By Area (yellow) and Yuan (blue)

Developer Capital

No comments:

Post a Comment