Guangdong Province: From January to October, the sales area of newly built commercial housing in the province decreased by 14.1% year-on-year.

The Guangdong Statistical Information Network released a brief overview of the operation of the Guangdong real estate market from January to October 2025 on November 21. From January to October, the province's real estate development investment was 7585.29 billion yuan, a decrease of 20.7% compared to the same period last year. Among them, investment in residential real estate was 5826.13 billion yuan, a decrease of 15.3%. From January to October, the sales area of new commercial housing in the province was 51.2982 million square meters, a decrease of 14.1% year-on-year, with the sales area of residential real estate being 41.1460 million square meters, a decrease of 12.7%; the sales revenue of commercial housing was 7836.31 billion yuan, a decrease of 16.7%, among which the sales revenue of residential real estate was 6803.71 billion yuan, a decrease of 17.0%. From January to October, the actual investment in real estate development in the whole province was 10,901.06 billion yuan, a decrease of 4.5% year-on-year.