National Real Estate Development and Sales in the First Four Months of 2013
By CnAgri
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1. The completion of real estate investment
The total investment in real estate development in the first four months of 2013 was 1,918.0 billion yuan, up by 21.1 percent year-on-year in nominal term, 0.9 percentage points higher than that in the first three months. Of which, the investment in residential buildings was 1,312.1 billion yuan, up by 21.3 percent, 0.2 percentage points higher than that in the first three months, and accounted for 68.4 percent of real estate development investment.
In the first four months, the real estate investment in eastern region stood at 1,124.1 billion yuan, up by 20.2 percent year-on-year, the growth rate down by 2.4 percentage points over that in the first three months; the central region stood at 380.4 billion yuan, went up by 20.4 percent, and down by 1.4 percentage points; western region stood at 413.6 billion yuan, up by 24.5 percent, and a decrease of 1.1 percentage points.
In the first four months, the floor space under construction by the real estate development enterprises accounted for 5,006.18 million square meters, up by 17.2 percent year-on-year, increased 0.2 percentage points over that in the first three months. Of which, the floor space of residential building construction area was 3,687.98 million square meters, up by 14.8 percent. The floor space started this year was 555.06 millions square meters, up by 1.9 percent, while that in the first three months was down by 2.7 percent. Specifically, the floor space of residential buildings started in the year amounted to 413.30 million square meters, up by 1.8 percent. The floor space of buildings completed stood at 237.59 million square meters, went up by 6.6 percent, decreased 2.3 percentage points, of which, the floor space completed of residential buildings stood at 182.73 million square meters, went up by 2.6 percent.
In the first four months, the land area purchased by the real estate development enterprises totaled 88.25 million square meters, a year-on-year decrease of 8.6 percent, and decreasing amplitude decreased 13.4 percentage points over the first three months. The total transaction of land reached 202.0 billion yuan, increased 10.6 percent, decreasing amplitude narrowed 10.2 percentage points over the first three months.
2. Sales of Commercial Buildings
In the first four months, the floor space of commercial buildings sold stood at 297.61 million square meters, a year-on-year increase of 38.0 percent, and 0.9 percentage points higher over that in the first three months. Of the total, the floor space of residential buildings increased 41.1 percent, office building increased 32.9 percent, and buildings for business use increased 5.8 percent. The sales of commercial buildings amounted to 1,984.7 billion yuan, an increase of 59.8 percent, and 1.5 percentage points lower over that in the first three months. Specifically, the sales of residential buildings went up by 65.2 percent, office buildings up by 62.3 percent, buildings for commercial business up by 21.1 percent.
In the first four months, the sale of floor space of commercial buildings in eastern region amounted to 154.14 million square meters, a year-on-year increase of 47.0 percent, 0.4 percentage points higher than that in the first three months. The amount of sales stood at 1,275.9 billion yuan, went up by 69.9 percent, and decreased 3.0 percentage points. The sale of floor space of commercial buildings in central region amounted to 71.03 million square meters, increased 37.7 percent, an increase of 3.2 percentage points. The amount of sales stood at 347.9 billion yuan, climbed 55.6 percent, an increase of 1.9 percentage points. The sale of floor space of commercial buildings in western region amounted to 72.44 million square meters, an increase of 22.3 percent, went down by 0.6 percentage points. The amount of sales stood at 360.9 billion yuan, went up by 34.8 percent, a decrease of 0.7 percent.
At the end of March, the floor space of commercial housing for sale reached 425.88 million square meters, increased 1.48 million square meters compared with that at the end of March. Of which, the residential buildings for sale decreased 0.06 million square meters, office buildings increased 0.18 million square meters, buildings for business use climbed 1.65 million square meters.
3. Sources of Funds for Real Estate Development Enterprises
In the first four months, the sources of funds for real estate development enterprises reached 3,560.2 billion yuan, up by 33.5 percent year-on-year, 4.2 percentage points higher over that in the first three months. Specifically, the domestic loans stood at 661.8 billion yuan, increased 26.8 percent, foreign investment stood at 16.3 billion yuan, up by 28.5 percent, self-raising funds stood at 1,295.2 billion yuan, up by 16.2 percent, and other sources stood at 1,586.9 billion yuan, up by 55.9 percent. Among the other sources of funds, deposits and advance payments totaled 978.2 billion yuan, surged 61.9 percent, personal mortgage loans totaled 437.3 billion yuan, ballooned 67.8 percent.
4. National Real Estate Climate Index
In April, the national real estate climate index was 97.35, decreased 0.21 points over that in March.
