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Floor space of houses for business use sold in China: Stagnancy in 2017

In comparison with the previous year building starts held steady, according to revised figures presented by China National Statistical Office. The indicator hasn't changed at 10 811.96 ten thousand square meter, for the 2nd consecutive year. China saw a growth of 672.66% in building starts over the past 18 years. Likewise, it has shown the compound annual growth rate of 0.05% over the last five years with a slight overall raise since the start of observations. It averaged 5 827.38 ten thousand square meter from 2000 to 2017 and it attained its minimum of 1 399.31 ten thousand square meter in 2000.

Floor space of houses for business use sold in China: Stagnancy in 2017
Date Ten Thousand Square Meter Variation
2017 10 811.96 =
2016 10 811.96 16.83
2015 9 254.79 1.96
2014 9 076.93 7.18
2013 8 469.22 9.15
2012 7 759.28 -1.39
2011 7 868.65 12.49
2010 6 994.84 31.28
2009 5 328.03 26.68
2008 4 206.06 -9.44

Related Statistics

Construction Starts in other Countries

Main Construction Indicators

  • Building Permits

    Number of issued building permits, it is an indicator of the construction sector's growth. A building permit is an authorisation to start work on a building project. As such, a permit is the final stage of planning and building authorisations from public authorities, prior to the start of work. Based on: Eurostat.

  • Construction Completions

    Number of new privately owned housing units completed. Is is an indicator of construction work actually completed within a given period of time or at a particular point in time. Based on: Organisation for Economic Co-operation and Development.

  • Construction GDP

    Value of output of the construction industry less the value of intermediate consumption (intermediate inputs) used in this industry. It can be expressed in millions or billions of national currency, or in percentage of GDP. Based on: Organisation for Economic Co-operation and Development.

  • Construction Output

    Measure of the production in the construction industry.

  • Construction Spending

    Value of total spending in the construction industry, usually expressed in millions billions of national currency. It includes the cost of labor and materials, cost of architectural and engineering work, overhead costs, interest and taxes paid during construction and contractor's profts. Based on: US Census Bureau.

  • Construction Starts

    Number of new buildings on which construction has been started in a given period. Start of a construction occurs when excavation begins for the footings or foundation of a building. Based on: U.S. Census Bureau.

  • Buildings Under Construction

    Number of buildings in a state of construction (up until they receive their certificate of occupancy), at a given date in a country.

  • Building Materials Import

  • Building Materials Export