Department of housing and urban development (hud) and the u.s.Sales value at china's top 100 real estate developers in june rose 36.3% from may, while it dropped 16.7% from a year ago, narrowing from the 33.7% annual decline in the previous month, according.
July 24, 2024 1seasonally adjusted annual rate (saar) 2seasonally adjusted source:5% in residential house sales from 2023.Here are a few more things to know about the ongoing real estate crisis in china:
619,000 new houses for sale2:Office leasing demand is set to experience.
Asia pacific gdp growth is forecasted to slow to 3.5% in 2024 from last year's 4.3%.Economy is poised for a soft landing in 2024, with inflation falling and the labour market softening.The newly released savills china real estate outlook 2024 provides insightful analysis into the upcoming.
Property investment for the first five months of the year dropped 10.1% from a year ago, according the nbs on monday.Still, other numbers on the real estate sector remain bleak.
Housing starts in china averaged 53624.64 tens of thousands square metre from 1991 until 2024, reaching an all time high of 227153.58 tens of thousands square metre in december of 2019 and a record low of 82.16 tens of thousands square metre in february of 1991.
Last update images today China Housing Sales Data
Cucurella: Spain Reaping Rewards Of Outsider Tag
SILVERSTONE, England -- Lewis Hamilton's British Grand Prix felt like "a little fairytale" in his final home race with Mercedes, according to team boss Toto Wolff.
Hamilton's Silverstone victory was his first since the Saudi Arabian Grand Prix in December 2021.
The Englishman is set to join Ferrari next season, which will signal an end to his record-setting partnership with Mercedes -- Sunday was his 83rd win for Mercedes and the 104th of his career.
Wolff said it was satisfying to have delivered a winning car to Hamilton once again.
"It was so difficult over the last two years that we couldn't really find performance, we couldn't give the drivers a car that was able to go for the victories," Wolff said on Sunday evening. "And to make him win again, the British Grand Prix, in his last race for Mercedes here, it's almost like a little fairytale."
The Englishman admitted after the race he had started to doubt whether he would ever taste victory again after such a long drought, something Wolff said he has been helping him through.
"It's clear our relationship goes back a long time," he said. "Each of us has suffered at various stages. He's been there for me and most recently I've tried to do my contribution to his doubting, at times.
"That's why it feels really good that he's been able to put all the negative thoughts, all the negativity aside, and come up with this performance. I think it's a weight off his shoulders."
Perhaps inevitably, Wolff was asked if he now regrets that Hamilton will join Ferrari next year.
"In my life I've no regrets because you cannot have regrets," he replied. "We are adults. We take decisions. We go for it. That's the most important. We've got to finish this season on a high and provide a car that enables them to win and the team to score points in the constructors' championship. And it is what it is."
