China: number of newly built apartments

China: number of newly built apartments

In 2023, approximately 6.61 million new residential properties were built in China, representing a growth of less than 0.5 percent from the previous year.  A pillar industry Since the 1998 housing reform, the number of new builds kept growing for more than a decade, before reaching a peak of 7.64 million in 2012.

The rainy season that has plagued much of the Iberian Peninsula over the May bank holiday hasn't just been a meteorological setback for some Madrid residents. The mayor of Getafe, Sara Hernández, has denounced the poor condition of the homes in the southern city of the region that were part of the Community of Madrid's Vive Plan through her social media profile on X. In a post on X, the mayor of Getafe has shown videos that show the damage the r…