From January to June, the floor space under construction by the real estate development enterprises accounted for 4,756.14 million square meters, up by 17.2 percent year-on-year, down by 2.4 percentage points over the first five months. Of which, the floor space of residential building construction area was 3,573.92 million square meters, up 15.0 percent. The floor space started this year was 923.80 millions square meters, down by 7.1 percent; decreasing amplitude expanded 2.8 percentage points over the first five months. Specifically, the floor space of residential buildings started in the year amounted to 686.17 million square meters, went down by 10.7 percent. The floor space of buildings completed stood at 332.59 million square meters, went up by 20.7 percent, decreased 5.6 percentage points, of which, the floor space completed of residential buildings stood at 267.19 million square meters, went up by 21.1 percent.

From January to June, the land area purchased by the real estate development enterprises totaled 175.43 million square meters, a year-on-year decrease of 19.9 percent, and decreasing amplitude expanded 1.2 percentage points over the first five months. The total transaction of land was 344.1 billion yuan, decreased 13.3 percent, decreasing amplitude expanded 3.3 percentage points over the first five months.

2. Sales of Commercial Buildings

From January to June, the floor space of commercial buildings sold stood at 399.64 million square meters, a year-on-year decrease of 10.0 percent, and decreasing amplitude narrowed 2.4 percentage points over the first five months. Of the total, the floor space of residential buildings decreased 11.2 percent, office building increased 7.1 percent, and buildings for business use increased 2.5 percent. The sales of commercial buildings amounted to 2,331.4 billion yuan, a decrease of 5.2 percent, and decreasing amplitude narrowed 3.9 percentage points. Specifically, the sales of residential buildings went down by 6.5 percent, office buildings down by 1.1 percent, buildings for commercial business up by 5.4 percent.

From January to June, the sale of floor space of commercial buildings in eastern region amounted to 196.67 million square meters, a year-on-year decrease of 10.9 percent, and decreasing amplitude decreased 3.2 percentage points over the first five months. The amount of sales stood at 1,413.0 billion yuan, went down by 7.2 percent, and decreasing amplitude decreased 4.9 percentage points. The sale of floor space of commercial buildings in central region amounted to 98.79 million square meters, a year-on-year decrease of 7.4 percent, and decreasing amplitude decreased 2.8 percentage points over the first five months. The amount of sales stood at 438.8 billion yuan, rose by 1.1 percent, and decreasing amplitude declined 2.9 percentage points over the first five months. The sale of floor space of commercial buildings in western region amounted to 104.18 million square meters, a decrease of 10.8 percent, and decreasing amplitude narrowed 0.3 percentage points over the first five months. The amount of sales stood at 479.7 billion yuan, dropped 4.5 percent, and decreasing amplitude decreased 0.5 percentage points.

At the end of June, the floor space of commercial housing for sale reached 314.08 million square meters, increased 6.69 million square meters compared with that at the end of May. Of which, the residential buildings for sale increased 5.12 million square meters, office buildings increased 0.84 million square meters, buildings for business use increased 0.31 million square meters.

3. Sources of Funds for Real Estate Development Enterprises

From January to June, the sources of funds for real estate development enterprises reached 4,332.9 billion yuan, up by 5.7 percent, remained the same level over the first five months. Specifically, the domestic loans stood at 759.2 billion yuan, increased 8.1 percent, foreign investment stood at 20.2 billion yuan, down by 53.9 percent, self-raising funds stood at 1,859.1 billion yuan, up by 12.9 percent, and other sources stood at 1,694.4 billion yuan, down by 0.7 percent. Among the other sources of funds, deposits and advance payments totaled 1,038.9 billion yuan, increased 1.5 percent, personal mortgage loans totaled 421.6 billion yuan, rose by 0.8 percent.

4. National Real Estate Climate Index

In June, the national real estate climate index was 94.71, declined 0.19 points month-on-month.