China's property investment plummeted to a 15.9% year-on-year decline in the first 11 months, a widening drop from the previous period.
Property sales and new construction starts also continued to decrease, alongside a significant fall in funds raised by developers.
- New Construction Starts showed at –20.5% Y/Y
- Fixed-Asset Investment: –2.6% Y/Y
- Property Investment: –15.9% Y/Y
- Funds Raised by Real Estate Developers: –11.9% Y/Y
Urban area unemployment rate 5.10%
- same as October, 5.10%
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Earlier: