The Zhitong Finance App learned that on October 19, the National Bureau of Statistics released the basic situation of the national real estate market for January-September. Data show that from January to September, the country invested 533.64 billion yuan in real estate development, a year-on-year decrease of 20.6% (based on a comparable scale); of these, residential investment was 4112.5 billion yuan, a decrease of 20.5%. From January to September, the housing construction area of real estate development enterprises was 5652.21 million square meters, a year-on-year decrease of 12.8%. Among them, the residential construction area was 3925.58 million square meters, a decrease of 13.2%. The new housing construction area was 34.31 million square meters, a decrease of 24.9%. Among them, the new residential construction area was 247.74 million square meters, a decrease of 25.4%. The completed housing area was 232.71 million square meters, a decrease of 25.1%. Among them, the completed residential area was 163.1 million square meters, a decrease of 26.6%.
The original text is as follows:
The basic situation of the national real estate market from January to September 2026
I. Status of completion of investment in real estate development
From January to September, the country invested 536.4 billion yuan in real estate development, a year-on-year decrease of 20.6% (based on a comparable scale); of these, residential investment was 4112.5 billion yuan, a decrease of 20.5%.
From January to September, the housing construction area of real estate development enterprises was 5652.21 million square meters, a year-on-year decrease of 12.8%. Among them, the residential construction area was 3925.58 million square meters, a decrease of 13.2%. The new housing construction area was 34.31 million square meters, a decrease of 24.9%. Among them, the new residential construction area was 247.74 million square meters, a decrease of 25.4%. The completed housing area was 232.71 million square meters, a decrease of 25.1%. Among them, the completed residential area was 163.1 million square meters, a decrease of 26.6%.
II. Sales and pending sales of commercial housing
From January to September, the sales area of newly built commercial housing was 564.83 million square meters, a year-on-year decrease of 13.2%; of these, the residential sales area fell 13.8%. Sales of newly built commercial housing amounted to 537.99 billion yuan, a decrease of 13.9%; of these, residential sales fell 13.7%. According to data from the Ministry of Housing, Urban-Rural Development, from January to September, the second-hand housing transaction area (see note 6) was 617.46 million square meters, an increase of 10.7% over the previous year.
At the end of September, the area of newly built commercial housing for sale was 74.825 million square meters, a year-on-year decrease of 1.5%. Among them, the area to be sold for less than 3 years was 541.97 million square meters, a decrease of 5.0%.
III. Status of funds available for real estate development enterprises
From January to September, real estate development enterprises received 5681.3 billion yuan in capital, a year-on-year decrease of 21.6%. Among them, domestic loans amounted to 762.4 billion yuan, a decrease of 33.1%; self-financing of 2057.2 billion yuan, a decrease of 21.4%; deposit and advance payments of $1798.2 billion, a decrease of 14.8%; and personal mortgage loans of $767.8 billion, a decrease of 22.1%.
Source of this article: National Bureau of Statistics; Zhitong Finance Editor: Chen Siyu.