| Real estate investment in China increased by 18.5% during the first five months of this year compared to 2011, a slowdown from annual growth of 18.7 percent in the first four months. Overall investment reached RMB 2.22 trillion according to figures published by the National Bureau of Statistics on Saturday.
Among the more outstanding changes compared to 2011, in terms of floor area, construction starts decreased 4.3% to 728.6 million square meters in the first five months this year. Also, commercial and residential real estate sales totaled RMB 1.69 trillion in the January to May period, down 9.1% from a year prior...............................................Full Article: Source
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