国家统计局：1-11月全国分省市房地产投资数据出炉

Core Insights - The real estate development investment in China for the first eleven months of 2025 shows significant activity, with 21 provinces and cities exceeding 100 billion yuan in investment [1][2]. Investment Overview - The top three provinces in real estate development investment are Guangdong (814.69 billion yuan), Zhejiang (800.72 billion yuan), and Jiangsu (782.47 billion yuan) [1][2]. - A total of 31 provinces and cities reported a combined real estate investment of over 6.56 trillion yuan [7]. Residential Investment - In residential investment, 17 provinces and cities surpassed 100 billion yuan, with Jiangsu (632.48 billion yuan), Guangdong (623.35 billion yuan), and Zhejiang (565.17 billion yuan) leading the rankings [3][4]. Construction Area - The total construction area for commercial housing across 31 provinces and cities reached 656.07 million square meters, with Guangdong, Shandong, and Henan having the largest areas [7][8]. - The new construction area for housing in the same period totaled 53.46 million square meters, with Shandong, Zhejiang, and Guangdong at the forefront [7][8]. - The completed housing area amounted to 39.45 million square meters, with Zhejiang, Guangdong, and Anhui leading in completions [7].