BEIJING — Investment in China’s property sector rose 6 percent year on year to 2.37 trillion yuan ($387.25 billion) in the first four months of the year, the National Bureau of Statistics announced on May 13.

Investment in residential housing, accounting for 67.1 percent of investment in the property sector, increased 3.7 percent to 158.7 trillion yuan year on year.

Construction began on 5995.80 million square meters of housing in the same period, up 6.2 percent from the previous year.

Sales of commercial housing dropped 4.8 percent to 263.85 million square meters year on year, the NBS said.