Xining residential investment growth slowed

reporter learned from the Municipal Bureau of statistics, this year, Xining City real estate development investment to maintain high growth momentum, from two aspects of investment and construction area, non residential space increases greater than the increase of residential, residential construction investment slowdown.

the first 7 months of this year, the city’s real estate development completed investment of $10 billion 509 million, an increase of 41.05% over the same period last year, an increase of 33.08 percentage points over the same period last year. Residential investment 6 billion 405 million yuan, an increase of 10.35%; office investment 866 million yuan, an increase of 10.99 times; commercial housing investment 1 billion 799 million yuan, an increase of 86.86%; other housing investment 1 billion 439 million yuan, an increase of 1.35 times.

the first 7 months of this year, the city’s housing construction area of 16 million 261 thousand and 300 square meters, an increase of 26.68%, of which the residential construction area of 11 million 686 thousand and 100 square meters, an increase of 12.19%; office building construction area of 579 thousand and 800 square meters, an increase of 201.25%; commercial housing construction area of 1 million 982 thousand and 200 square meters, an increase of 82.38%; other housing construction area of 2 million 13 thousand and 200 square meters an increase of 76.49%. This year, the new housing area of 4 million 162 thousand and 600 square meters, an increase of 4.07%, residential new construction area of 2 million 694 thousand and 500 square meters, down by 17.51%. From the investment and construction area, office buildings, commercial business space and other housing growth is greater than the increase in residential. (author: small words)
 

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