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Today: March 21, 2025
Today: March 21, 2025

China property investment falls 9.8% in Jan-Feb y/y

An uncompleted building is seen next to the Fourth Ring Road in Beijing
March 17, 2025
Reuters - Reuters

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)

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