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According to the National Bureau of Statistics data, the total investment in real estate development in the first eleven months of 2015 was 8,770.2 billion yuan (US$1,35 trillion) with 1.3 percent increase year-on-year.The residential buildings investment increased by 0,7 percent year-on-year to 5,906.9 billion yuan that accounted for 67.4 percent of real estate development investment.


In the first eleven months, the real estate investment in eastern region stood at 4,878.9 billion yuan, up by 1.1 percent year-on-year, and the growth rate went down by 1.2 percentage points over the first ten months; the central region stood at 1,898.8 billion yuan, went up by 1.8 percent, and down by 0.2 percentage points; western region stood at 1,992.6 billion yuan, up by 1.1 percent, and a decrease of 0.4 percentage points.

In the first eleven months, the floor space under construction by the real estate development enterprises accounted for 7,239.90 million square meters, up by 1.8 percent year-on-year, dropped 0.5 percentage points over the first ten months. Of which, the floor space of residential building construction area was 5,033.47 million square meters, down by 0.3 percent. The floor space started this year was 14,056.9 millions square meters, down by 14.7 percent, and the pace of decline widened by 0.8 percentage points. Specifically, the floor space of residential buildings started in the year amounted to 970.77 million square meters, down by 15.3 percent. The floor space of buildings completed stood at 724.13 million square meters, went down by 3.5 percent, and the pace of decline narrowed by 0.7 percentage points. Of which, the floor space completed of residential buildings stood at 535.53 million square meters, went down by 6.4 percent.

In the first eleven months, the land area purchased by the real estate development enterprises totaled 198.94 million square meters, a year-on-year decrease of 33.1 percent, and the pace of decrease narrowed by 0.7 percentage points over the first ten months. The total transaction of land reached 640.9 billion yuan, decreased 26.0 percent, and the pace of decrease widened by 0.8 percentage points.