The growth of China's real estate investment continued to slow in July, NBS data showed on August 13.
Property investment rose 13.7 percent year on year in the first seven months, 0.4 percentage points down from the first half of the year and 1 percentage point down from the January-May period.
The investment for residential property, which accounted for 68.2 percent of the total, rose 13.3 percent year on year, compared with a 13.7-percent growth rate for the first six months of 2014.
The slower growth accompanied a faster decline in the area and volume of property sales.
The total area of property sales dropped 7.6 percent year on year in the first seven months, 1.6 percentage points steeper than the decline seen in the first half of the year.
Property sales volume was down by 8.2 percent year on year during this period, compared with a drop of 6.7 percent in the January-June period.