Housing Starts in China increased to 95375.53 Tens of Thousands Square Metre in December from 87455.66 Tens of Thousands Square Metre in November of 2023. Housing Starts in China averaged 53994.30 Tens of Thousands Square Metre from 1991 until 2023, 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.

Housing Starts in China is expected to be 21710.00 Tens of Thousands Square Metre by the end of this quarter, according to Trading Economics global macro models and analysts expectations. In the long-term, the China Housing Starts is projected to trend around 88100.00 Tens of Thousands Square Metre in 2025, according to our econometric models.

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China Housing Starts

Related Last Previous Unit Reference
Housing Index -0.70 -0.40 Percent Jan 2024
House Price Index MoM -0.30 -0.40 percent Jan 2024
Housing Starts 95375.53 87455.66 Tens of Thousands Square Metre Dec 2023
Property Investment -9.60 -9.40 percent Dec 2023
New Home Sales 102990.00 93646.00 CNY Hundred Million Dec 2023
Home Ownership Rate 89.68 90.00 percent Dec 2018
Residential Property Prices -3.17 -2.67 Percent Sep 2023

China Housing Starts
In China, housing starts refer to the entire floor space of newly started houses by the real estate development enterprises during the reference time. Specific due date is subject to starts to housing officially began ground-breaking gouge (ground treatment or permanent piles).
Actual Previous Highest Lowest Dates Unit Frequency
95375.53 87455.66 227153.58 82.16 1991 - 2023 Tens of Thousands Square Metre Monthly
Volumes, NSA, Cumulative