China's National Bureau of Statistics announced on October 19 that from January to September this year, national real estate development investment decreased by 20.6% year-on-year, and the sales value of new commercial housing decreased by 13.9% year-on-year.

During the same period, funds available to Chinese real estate development enterprises decreased by 21.6% year-on-year. Among these, domestic loans decreased by 33.1%, and individual mortgage loans decreased by 22.1%. In terms of sales, the sales area of new commercial housing decreased by 13.2% year-on-year, while the online signing area for second-hand home transactions increased by 10.7% year-on-year.