China’s Real Estate Market in 2018, Q4 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--May 24, 2019--
The “China’s Real Estate Market in 2018, Q4” report has been added to ResearchAndMarkets.com’s offering.
This report provides a complete and detailed analysis of the real estate sector for China. The researcher presents in-depth business intelligence in a standard format across countries and regions, providing a balanced mix between analysis and data.
Investment in China’s real estate sector accelerated in the third quarter of 2018. The value of investment reached RMB 3,131bn, which represented a growth of 10.3% compared to that in the same quarter of the previous year. Investment in the residential subsector was RMB 2,382bn, up by 14.6% y/y, while investment in office and commercial buildings declined by 13.4% y/y and 7.9% y/y, respectively.
The value of buildings sold in the third quarter of the year reached RMB 3,719bn, up from RMB 3,275bn in the same quarter of the previous year. The growth was entirely attributed to sales of new buildings, while the secondary market continued to decline sharply. In Q3 2018, the value of sales on the secondary market was RMB 507.8bn, down by 19.7% y/y, while the sales of off-plan properties were RMB 3.211bn, up by 21.5% compared to the third quarter of 2017.
What this report allows you to do:
Key Topics Covered
01 EXECUTIVE SUMMARY
02 SECTOR IN FOCUS
03 COMPETITIVE LANDSCAPE
04 COMPANIES IN FOCUS
05 REGULATORY ENVIRONMENT
For more information about this report visit https://www.researchandmarkets.com/r/qcsidp
View source version on businesswire.com:https://www.businesswire.com/news/home/20190524005161/en/
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KEYWORD: ASIA PACIFIC CHINA
INDUSTRY KEYWORD: CONSTRUCTION & PROPERTY COMMERCIAL BUILDING & REAL ESTATE RESIDENTIAL BUILDING & REAL ESTATE
SOURCE: Research and Markets
Copyright Business Wire 2019.
PUB: 05/24/2019 08:13 AM/DISC: 05/24/2019 08:13 AM