A more favorable comparison for real estate and other statistics recorded for the first four months of this year is now available because to revisions made by China’s National Bureau of Statistics (NBS) to certain of its 2022 economic data.
According to NBS statistics issued on Tuesday, sales of new residences by area fell by 0.4% to 376.4 million square meters in the first four months of this year compared to the same time in 2016, while sales value increased by 8.8% to 3.98 trillion yuan.