Real estate investment rose just 1.3 percent year on year, compared with the two percent growth for the January-October period, Xinhua quoted National Bureau of Statistics (NBS) as saying.
Investment in residential housing, which accounts for about two-thirds of total property investment, edged up 0.7 percent from a year earlier, compared with a growth of 1.3 percent in the first 10 months.
The Chinese property market remained sluggish in 2015 due to weak demand and a supply glut, prompting authorities to take easing measures, including interest rate cuts, reducing down payments and scrapping home-purchase restrictions.
As a result of support policies, property sales in top-tier cities and some second-tier ones have recovered, but the cooling continued in others, especially third-tier cities where a previous market boom led to serious oversupply. (IANS)