Xining real estate investment steady growth, sales area fell.
from January to July this year, Xining real estate investment showed steady growth, a total investment of about twenty-six trillion and seventy-seven million yuan to complete the development, an increase of 24.21%. Among them, the residential investment is still the leading real estate development investment, the first seven months of Xining residential development completed a total investment of more than 2 billion 100 million yuan, an increase of 28.03%, while investment in the development of office building is the overall downward trend, fell by 40.94% compared with the same period last year. From the construction area, to July, Xining commercial housing construction area of about four million and nine hundred thousand square meters, an increase of 4.05%, of which, this year, new commercial housing construction area of about one million and five hundred thousand square meters, compared with the same period last year also declined.
although the real estate investment is increasing, but sales are declining, to July, Xining commercial housing sales area of more than 540 thousand square meters, down 7.33%, of which more than 520 thousand square meters of commercial housing, down 4.66%