National Real Estate Development and Sales in the First Eight Months of 2013
By CnAgri
Print
1. The completion of real estate investment
The total investment in real estate development in the first eight months of 2013 was 5,212.0 billion yuan, up by 19.3 percent year-on-year in nominal term, 1.2 percentage points lower than that in the first seven months. Of which, the investment in residential buildings was 3,573.8 billion yuan, up by 19.2 percent, 1.0 percentage points lower than that in the first seven months, and accounted for 68.6 percent of real estate development investment.
In the first eight months, the real estate investment in eastern region stood at 2,949.8 billion yuan, up by 17.4 percent year-on-year, the growth rate down by 1.2 percentage points over that in the first seven months; the central region stood at 1,111.6 billion yuan, went up by 19.4 percent, and down by 1.6 percentage points; western region stood at 1,150.5 billion yuan, up by 24.3 percent, and a decrease of 0.7 percentage point.
In the first eight months, the floor space under construction by the real estate development enterprises accounted for 5,855.53 million square meters, up by 14.4 percent year-on-year, decreased 1.8 percentage point over that in the first seven months. Of which, the floor space of residential building construction area was 4,296.26 million square meters, up by 12.0 percent. The floor space started this year was 1,278.40 millions square meters, up by 4.0 percent, while that in the first seven months was down by 4.4 percentage points. Specifically, the floor space of residential buildings started in the year amounted to 937.13 million square meters, up by 3.3 percent. The floor space of buildings completed stood at 466.50 million square meters, went up by 4.6 percent, decreased 3.3 percentage points, of which, the floor space completed of residential buildings stood at 363.01 million square meters, went up by 1.4 percent.
In the first eight months, the land area purchased by the real estate development enterprises totaled 214.82 million square meters, a year-on-year decrease of 9.1 percent, and decreasing amplitude increased 7.7 percentage points over the first seven months. The total transaction of land reached 505.0 billion yuan, increased 5.2 percent, the growth rate decreased 9.5 percentage points over the first seven months.
2. Sales of Commercial Buildings
In the first eight months, the floor space of commercial buildings sold stood at 708.42 million square meters, a year-on-year increase of 23.4 percent, and 2.4 percentage points lower over that in the first seven months. Of the total, the floor space of residential buildings increased 24.4 percent, office building increased 28.2 percent, and buildings for business use increased 7.8 percent. The sales of commercial buildings amounted to 4,572.4 billion yuan, an increase of 34.4 percent, and 3.4 percentage points lower over that in the first seven months. Specifically, the sales of residential buildings went up by 35.7 percent, office buildings up by 41.9 percent, buildings for commercial business up by 19.8 percent.
In the first eight months, the sale of floor space of commercial buildings in eastern region amounted to 358.48 million square meters, a year-on-year increase of 26.8 percent, 3.4 percentage points lower than that in the first seven months. The amount of sales stood at 2,856.6 billion yuan, went up by 37.7 percent, and decreased 4.4 percentage points. The sale of floor space of commercial buildings in central region amounted to 177.04 million square meters, increased 22.6 percent, a decrease of 2.3 percentage points. The amount of sales stood at 856.8 billion yuan, climbed 32.7 percent, a decrease of 2.4 percentage points. The sale of floor space of commercial buildings in western region amounted to 172.90 million square meters, an increase of 17.5 percent, went down by 0.9 percentage points. The amount of sales stood at 859.0 billion yuan, went up by 26.1 percent, a decrease of 1.4 percentage points.
At the end of August, the floor space of commercial housing for sale reached 443.55 million square meters, increased 0.82 million square meters compared with that at the end of June. Of which, the residential buildings for sale increased 0.40 million square meters, office buildings decreased 0.49 million square meters, buildings for business use climbed 1.09 million square meters.
3. Sources of Funds for Real Estate Development Enterprises
In the first eight months, the sources of funds for real estate development enterprises reached 7,696.0 billion yuan, up by 28.9 percent year-on-year, 2.6 percentage points lower over that in the first seven months. Specifically, the domestic loans stood at 1,288.3 billion yuan, increased 30.3 percent, foreign investment stood at 34.4 billion yuan, up by 17.2 percent, self-raising funds stood at 2,921.6 billion yuan, up by 16.7 percent, and other sources stood at 3,451.7 billion yuan, up by 40.9 percent. Among the other sources of funds, deposits and advance payments totaled 2,116.2 billion yuan, surged 38.1 percent, personal mortgage loans totaled 910.2 billion yuan, ballooned 50.3 percent.
4. National Real Estate Climate Index
In August, the national real estate climate index was 97.29, decreased 0.10 point over that in July.
