Figure 2
The vertical axis of the vertical grouped bar chart is labeled “U S dollars million” and ranges from 0 to 700,000 in increments of 100,000. The horizontal axis displays the continuous yearly scale from 2007 to 2024. The graph contains two bars for each year. The legend at the bottom indicates that the bars represent “Development” and “Commercial”. The data from the bars on the graph is as follows: 2007: Development: 93,000; Commercial: 19,000. 2008: Development: 62,000; Commercial: 12,000. 2009: Development: 150,000; Commercial: 16,000. 2010: Development: 240,000; Commercial: 21,000. 2011: Development: 260,000; Commercial: 28,000. 2012: Development: 280,000; Commercial: 24,000. 2013: Development: 460,000; Commercial: 24,000. 2014: Development: 360,000; Commercial: 31,000. 2015: Development: 320,000; Commercial: 38,000. 2016: Development: 420,000; Commercial: 40,000. 2017: Development: 600,000; Commercial: 45,000. 2018: Development: 630,000; Commercial: 44,000. 2019: Development: 620,000; Commercial: 55,000. 2020: Development: 600,000; Commercial: 52,000. 2021: Development: 630,000; Commercial: 64,000. 2022: Development: 620,000; Commercial: 52,000. 2023: Development: 520,000; Commercial: 45,000. 2024: Development: 190,000; Commercial: 28,000. Note: All values are rounded off and approximated.China development site versus commercial RE transactions: 2007-Q3:2024. Source: Authors' compilation from MSCI/RCA (2024)