Since the 1998 housing reform, the Chinese real estate market went through more than two decades of prosperity. The overall sales revenue of commercial residential housing skyrocketed from *** yuan in 1998 to over ***Â trillion yuan in 2012, and more than ** trillion yuan in 2021. However, sales revenue dropped considerably in 2022, and reached only around *** trillion yuan in 2025. With demands for residential housing potentially falling, the sector is posing a significant risk to the long-term healthy development of the Chinese economy.
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National Bureau of Statistics of China. (January 17, 2026). Revenue from residential real estate sold in China between 2015 and 2025 (in billion yuan) [Graph]. In ÌÇÐÄÆÆ½â°æ. Retrieved August 03, 2026, from /statistics/243239/revenue-from-residential-real-estate-sold-in-china/
National Bureau of Statistics of China. "Revenue from residential real estate sold in China between 2015 and 2025 (in billion yuan)." Chart. January 17, 2026. ÌÇÐÄÆÆ½â°æ. Accessed August 03, 2026. /statistics/243239/revenue-from-residential-real-estate-sold-in-china/
National Bureau of Statistics of China. (2026). Revenue from residential real estate sold in China between 2015 and 2025 (in billion yuan). ÌÇÐÄÆÆ½â°æ. ÌÇÐÄÆÆ½â°æ Inc.. Accessed: August 03, 2026. /statistics/243239/revenue-from-residential-real-estate-sold-in-china/
National Bureau of Statistics of China. "Revenue from Residential Real Estate Sold in China between 2015 and 2025 (in Billion Yuan)." ÌÇÐÄÆÆ½â°æ, ÌÇÐÄÆÆ½â°æ Inc., 17 Jan 2026, /statistics/243239/revenue-from-residential-real-estate-sold-in-china/
National Bureau of Statistics of China, Revenue from residential real estate sold in China between 2015 and 2025 (in billion yuan) ÌÇÐÄÆÆ½â°æ, /statistics/243239/revenue-from-residential-real-estate-sold-in-china/ (last visited August 03, 2026)
Revenue from residential real estate sold in China between 2015 and 2025 (in billion yuan) [Graph], National Bureau of Statistics of China, January 17, 2026. [Online]. Available: /statistics/243239/revenue-from-residential-real-estate-sold-in-china/