1 Minute Read by Reuters Staff (Reuters) – BEIJING, July 15 – China’s real estate investment increased 15% year over year in January-June, according to government statistics released on Thursday, falling from 18.3 percent growth in the first five months of the year. According to data from the National Bureau of Statistics, property sales by floor area grew 27.7% in the first half of the year, compared to 36.3 percent in the first five months. New construction starts increased by 3.8 percent year over year, compared to a 6.9 percent increase in the first five months. The amount of money raised by Chinese property developers increased by 23.5 percent, down from 29.9 percent in the first five months. Liangping Gao and Ryan Woo contributed reporting, while Sam Holmes edited the piece./n
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