China's property investment extends decline in January-April

BEIJING - Property investment in China fell 13.7% in the first four months compared with the same period last year following an 11.2% drop in the first quarter, official data showed on Monday.

Property sales by floor area dropped 10.2% in the January-to-April period, after falling 10.4% in the first three months.

New construction starts measured by floor area logged a 22.0% fall after tumbling 20.3% in the first quarter.

Funds raised by Chinese property developers were down 18.4% compared with a 17.3% slide in January-March.

(Reporting by Yukun Zhang, Liangping Gao and Joe Cash; Editing by Jacqueline Wong)

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This story was originally published May 17, 2026 at 7:12 PM.