National Real Estate Development and Sales in the First Five 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 five months of 2013 was 2,679.8 billion yuan, up by 20.6 percent year-on-year in nominal term, 0.5 percentage points lower than that in the first four months. Of which, the investment in residential buildings was 1,836.3 billion yuan, up by 21.6 percent, 0.3 percentage points higher than that in the first four months, and accounted for 68.5 percent of real estate development investment.
In the first five months, the real estate investment in eastern region stood at 1,551.8 billion yuan, up by 19.0 percent year-on-year, the growth rate down by 1.2 percentage points over that in the first four months; the central region stood at 544.5 billion yuan, went up by 21.8 percent, and up by 1.4 percentage points; western region stood at 583.5 billion yuan, up by 24.0 percent, and a decrease of 0.5 percentage points.
In the first five months, the floor space under construction by the real estate development enterprises accounted for 5,234.31 million square meters, up by 16.0 percent year-on-year, decreased 1.2 percentage points over that in the first four months. Of which, the floor space of residential building construction area was 3,847.17 million square meters, up by 13.5 percent. The floor space started this year was 736.13 millions square meters, up by 1.0 percent, while that in the first four months was down by 0.9 percent. Specifically, the floor space of residential buildings started in the year amounted to 542.91 million square meters, up by 0.8 percent. The floor space of buildings completed stood at 287.45 million square meters, went up by 5.3 percent, decreased 1.3 percentage points, of which, the floor space completed of residential buildings stood at 287.45 million square meters, went up by 1.8 percent.
In the first five months, the land area purchased by the real estate development enterprises totaled 117.56 million square meters, a year-on-year decrease of 13.1 percent, and decreasing amplitude increased 4.5 percentage points over the first four months. The total transaction of land reached 271.8 billion yuan, increased 3.7 percent, decreasing amplitude narrowed 6.9 percentage points over the first four months.
2. Sales of Commercial Buildings
In the first five months, the floor space of commercial buildings sold stood at 391.18 million square meters, a year-on-year increase of 35.6 percent, and 2.4 percentage points lower over that in the first four months. Of the total, the floor space of residential buildings increased 37.6 percent, office building increased 35.5 percent, and buildings for business use increased 11.8 percent. The sales of commercial buildings amounted to 2,586.4 billion yuan, an increase of 52.8 percent, and 7.0 percentage points lower over that in the first four months. Specifically, the sales of residential buildings went up by 56.8 percent, office buildings up by 53.7 percent, buildings for commercial business up by 22.4 percent.
In the first five months, the sale of floor space of commercial buildings in eastern region amounted to 200.52 million square meters, a year-on-year increase of 42.2 percent, 4.8 percentage points lower than that in the first four months. The amount of sales stood at 1,648.2 billion yuan, went up by 60.7 percent, and decreased 9.2 percentage points. The sale of floor space of commercial buildings in central region amounted to 94.98 million square meters, increased 36.4 percent, an decrease of 1.3 percentage points. The amount of sales stood at 461.5 billion yuan, climbed 50.3 percent, a decrease of 5.3 percentage points. The sale of floor space of commercial buildings in western region amounted to 95.68 million square meters, an increase of 22.8 percent, went up by 0.5 percentage points. The amount of sales stood at 476.7 billion yuan, went up by 32.4 percent, a decrease of 2.4 percent.
At the end of May, the floor space of commercial housing for sale reached 429.24 million square meters, increased 3.36 million square meters compared with that at the end of April. Of which, the residential buildings for sale increased 0.91 million square meters, office buildings increased 0.14 million square meters, buildings for business use climbed 1.61 million square meters.
3. Sources of Funds for Real Estate Development Enterprises
In the first five months, the sources of funds for real estate development enterprises reached 4,511.5 billion yuan, up by 32.0 percent year-on-year, 1.5 percentage points lower over that in the first four months. Specifically, the domestic loans stood at 805.1 billion yuan, increased 27.9 percent, foreign investment stood at 19.9 billion yuan, up by 18.2 percent, self-raising funds stood at 1,658.8 billion yuan, up by 14.3 percent, and other sources stood at 2,027.7 billion yuan, up by 53.7 percent. Among the other sources of funds, deposits and advance payments totaled 1,251.4 billion yuan, surged 57.9 percent, personal mortgage loans totaled 540.4 billion yuan, ballooned 61.7 percent.
4. National Real Estate Climate Index
In May, the national real estate climate index was 97.26, decreased 0.09 points over that in April.
