Figure 4
A stacked bar chart showing yearly real estate transaction values split between development and other property sectors.The vertical axis of the grouped stacked bar is labeled “U S dollars million” and ranges from 0 to 800,000 in increments of 100,000. The horizontal axis displays the continuous yearly scale from 2007 to 2024. Each year shows one stacked bar divided into six sections. A legend at the bottom indicates that the sections represent “Retail”, “Office”, “Industrial”, “Hotel”, “Apartment”, and “Development”. The data from the graph is as follows: (Other include “Retail”, “Office”, “Industrial”, “Hotel”, and “Apartment”). 2007: Others: 16,000; Development: 89,000. 2008: Others: 13,000; Development: 53,000. 2009: Others: 19,000; Development: 141,000. 2010: Others: 25,000; Development: 225,000. 2011: Others: 30,000; Development: 250,000. 2012: Others: 25,000; Development: 275,000. 2013: Others: 27,000; Development: 453,000. 2014: Others: 33,000; Development: 347,000. 2015: Others: 36,000; Development: 314,000. 2016: Others: 41,000; Development: 409,000. 2017: Others: 47,000; Development: 593,000. 2018: Others: 47,000; Development: 623,000. 2019: Others: 55,000; Development: 605,000. 2020: Others: 52,000; Development: 598,000. 2021: Others: 63,000; Development: 617,000. 2022: Others: 49,000; Development: 611,000. 2023: Others: 41,000; Development: 519,000. 2024: Others: 30,000; Development: 190,000. Note: All values are rounded off and approximated.

China commercial RE transactions: sub-sectors: $: 2007-Q3:2024. Source: Authors' compilation from MSCI/RCA (2024) 

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