According to Xinhua Finance, the total sales amount of the top 30 listed property companies in May was RMB 202.838 billion, down 37.12% from the same period in 2023 and down 1.93% from April 2024. The year-on-year and month-on-month declines in the total sales amount of the top 30 listed property companies in May were both narrower than those in April. The total sales area of the top 30 listed property companies in May was 12.0479 million square meters, down 37.52% from the same period in 2023 and up 2.55% from April 2024. In May, only Poly Developments and Holdings Group, Vanke, and China Resources Land achieved sales amounts of more than RMB 20 billion among the listed real estate companies. Among the 30 property companies, only Greentown China achieved a positive year-on-year growth in sales in May, with sales amounting to RMB 16.2 billion, an increase of 26.56% year-on-year.
TOP30上市房企5月销售额同比、环比降幅均收窄
In May, the sales decline of the top 30 listed real estate companies narrowed both year-on-year and on a month-on-month basis.
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