{"id":35783,"date":"2025-09-22T00:43:16","date_gmt":"2025-09-22T00:43:16","guid":{"rendered":"https:\/\/www.newsbeep.com\/nz\/35783\/"},"modified":"2025-09-22T00:43:16","modified_gmt":"2025-09-22T00:43:16","slug":"housing-starts-in-china-fall-20-year-on-year-in-august-2025","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/nz\/35783\/","title":{"rendered":"Housing starts in China fall 20% year-on-year in August 2025"},"content":{"rendered":"<p>In August 2025, China\u2019s housing starts declined 20% year-on-year to an annualized rate of 551 million m2, based on current monthly volume. This represents a sharp drop from the previous month\u2019s annualized rate of 604 million m2, and marks a 58% decrease compared to the 5-year average of 1,426 million m2 and a 64% decline from the 10-year average of 1,650 million m2, according to new data from the National Bureau of Statistics of China.<\/p>\n<p>New real estate construction in August fell 5.1% from July and 20% from the same month a year ago. Completed construction floor space reached 27 million m2, increasing 7.8% month-on-month but falling 21% year-on-year. Commercial housing sales totaled 57 million m2 in August, rising 0.6% from July and 11% from a year earlier. The annualized year-to-date rate of sales stands at 860 million m2, which is 39% lower than the 5-year average of 1,401 million m2 and 43% below the 10-year average of 1,499 million m2.<\/p>\n<p>China\u2019s real estate investment in August reached 6,729 billion yuan, a 2.8% decline from July and 20% lower than in August 2024. New home prices fell 0.4% month-on-month and were 3.5% lower than a year earlier. Floor area under development increased slightly to 6,431 million m2, up 0.7% from the previous month\u2019s 6,384 million m2.<\/p>\n","protected":false},"excerpt":{"rendered":"In August 2025, China\u2019s housing starts declined 20% year-on-year to an annualized rate of 551 million m2, based&hellip;\n","protected":false},"author":2,"featured_media":35784,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[138,219,111,139,69],"class_list":["post-35783","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-new-zealand","tag-newzealand","tag-nz"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/35783","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/comments?post=35783"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/posts\/35783\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media\/35784"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/media?parent=35783"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/categories?post=35783"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/nz\/wp-json\/wp\/v2\/tags?post=35783"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}