National Bureau of Statistics: From January to July, the country's real estate development investment of 430.9 billion yuan fell 19.2% year-on-year

The Zhitong Finance App learned that the National Bureau of Statistics released the basic situation of the national real estate market from January to July 2026. From January to July, the country invested 430.9 billion yuan in real estate development, a year-on-year decrease of 19.2% (based on a comparable scale); of these, residential investment was 3317.2 billion yuan, a decrease of 19.1%. From January to July, the housing construction area of real estate development enterprises was 5575.72 million square meters, a year-on-year decrease of 12.7%. Among them, the residential construction area was 3870.51 million square meters, a decrease of 13.0%. The new housing construction area was 267 million square meters, a decrease of 24.0%. Among them, the new residential construction area was 19.49 million square meters, a decrease of 24.6%. The completed housing area was 19.95 million square meters, a decrease of 23.2%. Among them, the completed residential area was 134.43 million square meters, a decrease of 25.5%.

From January to July, the sales area of newly built commercial housing was 45.21 million square meters, a year-on-year decrease of 11.8%; of these, the residential sales area decreased by 12.7%. The sales volume of newly built commercial housing was 4271.8 billion yuan, a decrease of 13.1%; of these, residential sales fell 13.2%.

At the end of July, the sales area of commercial housing was 759.11 million square meters, a year-on-year decrease of 0.8%. Among them, 555.59 million square meters have been sold for less than 3 years, a decrease of 3.6%.

From January to July, real estate development enterprises received capital of 4574.8 billion yuan, a year-on-year decrease of 20.3%. Among them, domestic loans amounted to $630 billion, a decrease of 32.1%; self-financing of $1654.4 billion, a decrease of 18.5%; deposits and advance payments of $1437.6 billion, a decrease of 14.4%; and personal mortgage loans of $604 billion, a decrease of 23.5%.