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An uncompleted building is seen next to the Fourth Ring Road in Beijing, China July 16, 2018. REUTERS/Jason Lee/Files |
Property sales by floor area in January-April logged a 20.2%
slide from a year earlier, compared with a 19.4% fall in January-March,
National Bureau of Statistics (NBS) data showed on Thursday.
New construction starts measured by floor area fell 24.6%
year-on-year, after a 27.8% slump in the first three months.
Funds raised by China's property developers were down 24.9%
year-on-year after a 26.0% slump in January-March.