BEIJING (Reuters) – Property investment in China fell 9.8% in the first two months of 2025 from the same period a year earlier, after tumbling 10.6% in 2024, official data showed on Monday.
Property sales by floor area dropped 5.1% from a year earlier, compared with a 12.9% decline last year.
New construction starts measured by floor area decreased 29.6%, following a 23.0% slide in 2024.
Funds raised by China’s property developers declined 3.6%, after slumping 17.0% in 2024.
A protracted property slump has weighed heavily on the world’s second-largest economy, which is now facing fresh pressure from U.S. trade tariffs.
(Reporting by Liangping Gao, Yukun Zhang and Kevin Yao; Editing by Kim Coghill)
Comments