Investment growth, reported by the National Bureau of Statistics (NBS), slowed from an increase of 7% in the first five months.
Increase in property sales area was down from 33.2 percent in January-May.
Real estate investment, which directly affects about 40 other business sectors in China, is considered to be a crucial driver for the economy, which saw its slowest growth last year in a quarter of a century.
A flurry of government stimulus measures have started to turn the ailing sector around, but rapid price gains in some of the country’s biggest cities have fanned fears of a bubble and prompted some local governments to tighten mortgage lending requirements.
Huge inventories of unsold homes also continue to weigh on prices in smaller cities.
BY: Clare Jim and Editing by Eric Meijer
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