国家统计局：1-7月份，全国房地产开发投资53580亿元，同比下降12.0%

Group 1 - The core viewpoint indicates a significant decline in the real estate sector, with construction area and new starts both experiencing substantial year-on-year decreases [1] - From January to July, the total construction area for real estate development was 638.731 million square meters, down 9.2% year-on-year, with residential construction area at 445.107 million square meters, down 9.4% [1] - New construction area for buildings was 35.206 million square meters, reflecting a 19.4% decrease, while residential new starts were 25.881 million square meters, down 18.3% [1] Group 2 - The completion area for buildings was 25.034 million square meters, a decline of 16.5%, with residential completions at 18.067 million square meters, down 17.3% [1] - In July, the sales area of newly built commercial housing was 51.560 million square meters, a year-on-year decrease of 4.0%, with residential sales area down 4.1% [1] - The sales revenue from newly built commercial housing reached 495.66 billion yuan, a decline of 6.5%, with residential sales revenue down 6.2% [1] Group 3 - As of the end of July, the inventory of commercial housing stood at 76.486 million square meters, a decrease of 4.62 million square meters from the end of June, with residential inventory down by 2.85 million square meters [1]