In May, China'S Real Estate Prices Fell And Sales Dropped.

The data released by the National Bureau of statistics on 10 may show that in May, the sales price of housing in 70 large and medium-sized cities in the whole country dropped from last month and the sales area increased.

Statistics show that the sales prices of 70 large and medium-sized cities increased by 12.4% in May, up 0.4 percentage points from April, rising by 0.2%, or 1.2 percentage points.

In May, 70 large and medium-sized cities were newly built.

In May, sales of real estate decreased significantly.

Statistics show that the national commercial housing sales area of 67 million 770 thousand square meters, down 15.8% from last month, sales of 333 billion 500 million yuan, down 25% from last month.

Investment in real estate development is at a high level, but in May

The real estate boom has dropped.

In May, the national real estate development boom index was 105.07, down 0.59 points from April, continuing the downward trend since April, but still 9.13 points higher than the same period last year.

In April 14th this year, the executive meeting of the State Council studied and deployed policies and measures to curb the excessive rise of housing prices in some cities. On the same day 17, the State Council issued a circular calling for further implementation of the responsibilities of all regions and departments concerned, and resolutely curb the excessive rise in housing prices in some cities.