China's property investment declines in first four months

BEIJING, May 18 (Xinhua) -- China's investment in property development decreased in the first four months of 2026, down 13.7 percent year on year, the National Bureau of Statistics said Monday.

The floor space of newly-built commercial buildings sold was 252.58 million square meters, down by 10.2 percent year on year. The total sales of newly-built commercial buildings were 2.3 trillion yuan (about 336.09 billion U.S. dollars), down by 14.6 percent.