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National Real Estate Development and Sales for January to September

China Agriculture Report By CnAgri2012-10-19 20:15:43China Agriculture Report Print
Keywords:National Real Estate

1. The completion of real estate investment

 

The total investment in real estate development from January to September was 5,104.6 billion yuan, a year-on-year nominal growth of 15.4 percent, (the real growth rate was 13.8 percent after deducting price factors), 0.2 percentage points lower than that in the first eight months. Of which, the investment in residential buildings was 3,512.6 billion yuan, up by 10.5 percent, 0.1 percentage points lower than that in the first eight months, and accounted for 68.8 percent of real estate development investment.

 

 

From January to September, the real estate investment in eastern region stood at 2,917.3 billion yuan, up by 14.5 percent year-on-year, the growth rate down by 0.4 percentage points from January to June; the central region stood at 1,094.4 billion yuan, went up by 16.2 percent, and down by 0.7 percentage points; western region stood at 1,092.9 billion yuan, up by 17.1 percent, and an increase of 0.8 percentage points.

 

 

From January to September, the floor space under construction by the real estate development enterprises accounted for 5,253.77 million square meters, up by 14.0 percent year-on-year, down by 1.6 percentage points over the first eight months. Of which, the floor space of residential building construction area was 3,937.77 million square meters, up 11.5 percent. The floor space started this year was 1,350.14 millions square meters, down by 8.6 percent; decreasing amplitude expanded 1.8 percentage points over the first eight months. Specifically, the floor space of residential buildings started in the year amounted to 996.68 million square meters, went down by 12.9 percent. The floor space of buildings completed stood at 505.67 million square meters, went up by 16.4 percent, decreased 3.8 percentage points, of which, the floor space completed of residential buildings stood at 406.09 million square meters, went up by 16.5 percent.

 

From January to September, the land area purchased by the real estate development enterprises totaled 260.33 million square meters, a year-on-year decrease of 16.5 percent, and decreasing amplitude expanded 0.3 percentage points over the first eight months. The total transaction of land topped 530.9 billion yuan, decreased 11.0 percent, decreasing amplitude expanded 3.4 percentage points over the first eight months.

 

 

2. Sales of Commercial Buildings

 

From January to September, the floor space of commercial buildings sold stood at 684.41 million square meters, a year-on-year decrease of 4.0 percent, and 0.1 percentage points lower over the first eight months. Of the total, the floor space of residential buildings decreased 4.3 percent, office building increased 3.3 percent, and buildings for business use decreased 0.2 percent. The sales of commercial buildings amounted to 4,035.4 billion yuan, an increase of 2.7 percent, and 0.5  percentage points higher over the first eight months. Specifically, the sales of residential buildings went up by 3.3 percent, office buildings down by 4.2 percent, buildings for commercial business up by 2.3 percent.

 

 

From January to September, the sale of floor space of commercial buildings in eastern region amounted to 337.22 million square meters, a year-on-year decrease of 2.3 percent, and decreasing amplitude decreased 0.3 percentage points over the first eight months. The amount of sales stood at 2,459.8 billion yuan, went up by 3.1 percent, and the growth rate increased 0.9 percentage points. The sale of floor space of commercial buildings in central region amounted to 172.48 million square meters, a year-on-year decrease of 2.1 percent, and decreasing amplitude decreased 0.3 percentage points over the first eight months. The amount of sales stood at 765.7 billion yuan, climbed 6.0 percent, and the growh rate declined 0.1 percentage points over the first eight months. The sale of floor space of commercial buildings in western region amounted to 174.72 million square meters, a decrease of 8.8 percent, and decreasing amplitude expanded 0.6 percentage points over the first eight months. The amount of sales stood at 809.8 billion yuan, dropped 1.6 percent, and decreasing amplitude increased 0.7 percentage points.

 

At the end of September, the floor space of commercial housing for sale reached 326.70 million square meters, increased 7.12 million square meters compared with that at the end of August. Of which, the residential buildings for sale increased 4.67 million square meters, office buildings increased 0.73 million square meters, buildings for business use increased 0.76 square meters.

 

3. Sources of Funds for Real Estate Development Enterprises

 

From January to September, the sources of funds for real estate development enterprises reached 6,823.2 billion yuan, up by 10.1 percent, 1.0 percentage points higher over the first eight months. Specifically, the domestic loans stood at 1,100.8 billion yuan, increased 12.9 percent, foreign investment stood at 31.7 billion yuan, down by 53.3 percent, self-raising funds stood at 2,843.8 billion yuan, up by 11.4 percent, and other sources stood at 2,846.9 billion yuan, up by 9.6 percent. Among the other sources of funds, deposits and advance payments totaled 1,784.1 billion yuan, up by 13.2 percent, personal mortgage loans totaled 706.4 billion yuan, rose by 14.2 percent.

 

 

4. National Real Estate Climate Index

 

In September, the national real estate climate index was 94.39, declined 0.25 points month-on-month.

 

Investment in Real Estate Development For January-September

Indicators

Absolute

Value

Growth Rate

Year-on-Year

(%)

 

 

 

 

 

 

 Investment in Real Estate (100 million yuan)

51046

15.4

  Of which: Residential Buildings

35126

10.5

      Office Buildings

2371

36.1

      Buildings for Commercial Business

6589

25.3

 Floor Space under Construction (10,000 sq.m)

525377

14.0

  Of which: Residential Buildings

393777

11.5

      Office Buildings

17621

21.0

      Buildings for Commercial Business

59969

17.1

 Floor Space of Houses Newly Started (10,000 sq.m)

135014

-8.6

  Of which: Residential Buildings

99668

-12.9

      Office Buildings

4296

6.2

      Buildings for Commercial Business

16894

  • Investment in Fixed Assets for January to September 2012
  • Industrial Production Operation in September 2012
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