The sales area of commercial properties in Guangdong Province fell 3.1% year on year to 44.87 million square meters in the first three quarters of this year, according to the latest statistics released by the Guangdong Statistics Bureau.
The decline was smaller than the 7.9% drop recorded in the first eight months of this year, said the bureau.
During the period from January to September, sales value of commercial properties totaled RMB 330.53 billion, 10.7% more than in the same period of last year.
The province's investment in the property sector surged 30.6% year on year to RMB 243.96 billion in the first nine months, accounting for 23.1% of its total fixed-asset investment during the period.
