China's Real Estate Investment Rose 6.8% in First 11 Months, More Than Expected (Yicai Global) Dec. 15 -- China's investment in real estate jumped 6.8 percent in the 11 months ended Nov. 30 from the same period last year, beating analysts’ expectations, according to the latest data.
Investment in properties amounted to CNY12.95 trillion (USD1.9 trillion) from January to November, the National Bureau of Statistics announced.
Chief economists surveyed by Yicai Global had predicted a rise of 6.69 percent.
Over 1.5 billion square meters of residential and commercial properties were sold in the first 11 months, a 1.3 percent increase from the first 10 months.
Editor: Kim Taylor
