In 2023, with nearly *** million square meters of floor space sold, residential properties accounted for around ** percent of all floor space traded in the Chinese real estate market. The remarkable performance of the housing market led to a strong sense of speculation among the Chinese population, with people treating residential housing no longer as a commodity, but as an investment. The rising prices of residential properties in many major cities in the country are becoming potentially harmful to the long-term development of the Chinese economy.
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National Bureau of Statistics of China. (October 15, 2024). Floor space of real estate sold in China in 2023, by use (in million square meters) [Graph]. In ÌÇÐÄÆƽâ°æ. Retrieved August 07, 2026, from /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/
National Bureau of Statistics of China. "Floor space of real estate sold in China in 2023, by use (in million square meters)." Chart. October 15, 2024. ÌÇÐÄÆƽâ°æ. Accessed August 07, 2026. /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/
National Bureau of Statistics of China. (2024). Floor space of real estate sold in China in 2023, by use (in million square meters). ÌÇÐÄÆƽâ°æ. ÌÇÐÄÆƽâ°æ Inc.. Accessed: August 07, 2026. /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/
National Bureau of Statistics of China. "Floor Space of Real Estate Sold in China in 2023, by Use (in Million Square Meters)." ÌÇÐÄÆƽâ°æ, ÌÇÐÄÆƽâ°æ Inc., 15 Oct 2024, /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/
National Bureau of Statistics of China, Floor space of real estate sold in China in 2023, by use (in million square meters) ÌÇÐÄÆƽâ°æ, /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/ (last visited August 07, 2026)
Floor space of real estate sold in China in 2023, by use (in million square meters) [Graph], National Bureau of Statistics of China, October 15, 2024. [Online]. Available: /statistics/242825/expanse-of-real-estate-sold-in-china-by-use/
