Real estate sales also plunged by about 16%, well off the pace of about 6-8% in 2014.
Investment rebounded to trend. Since 2014 also started off with a bang of 19% yoy growth, the growth number is encouraging for bulls. For bears, it's a much lower point to begin a downtrend from.
December results were covered here: Chinese Real Estate Investment Contracts in December
Full NBS report in Chinese here.
Charts from that report after the jump.
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