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The Real Estate Climate Index Decreased in June

The Real Estate Climate Index Decreased in June

Write: Tesia [2011-05-20]

The Real Estate Climate Index Decreased in June

In June, the real estate climate index was 101.65, decreased by 0.18 percentage points as compared with the last month, the year-on-year change was down by 3.31 percentage points.

The construction space index was 103.17, rose by 0.27 points as that compared with that in May, and 4.98 percentage points lower as compared with that in the same month of last year. In the first half of this year, the accumulative construction space was 1163 million square meters, up by 18.8 percent. Of which, the construction space was 901 million square meters, a rise of 18.8 percent; that of the office buildings was 50 million square meters, rose by 13.3 percent; and that of houses for business use was 147 million square meters, increased by 19.2 percent.

The vacant floor space of commercial building index was 103.56, down by 0.33 points, and dropped 4.72 points as compared with that in the same month of previous year. In the end of June, the vacant floor space of commercial buildings was 10400 million square meters, a rise of 7.9 percent as that compared with the same period of last year. Of this total, the commercial buildings left unused was 5900 million square meters, up by 2.2 percent.

The capital source index was 100.80, a rise of 0.72 points over that in May, and a decrease of 4.62 points as compared with that in the same month of the previous year. In the first half year, the capital source index of national real estate development enterprises was 946.5 billion yuan, rose by 23.3 percent. Of which, the domestic loans was 175.5 billion yuan, rose by 4.3 percent; that of self-raised funds was 326.9 billion yuan, rose by 37.6 percent; that of foreign investment utilization was 12.6 billion yuan, rose by 23.7 percent.

The land space development index was 95.07, an increase of 1.90 points as compared with that in May, and 3.33 points lower than the same month of previous year. In the first half year, the complete land space development by real estate development enterprises was 8190 million square meters, up by 3.0 percent as compared with that in previous year.

The sales price index of commercial house was 104.49, decreased by 2.62 points as compared with that in May, and 1.26 points higher than that in the same month of last year. In the first half year, the average selling price of commercial housing rose by 10.1 percent. Of which, the average selling price of residential building was up by 11.9 percent; that of office buildings and houses decreased by 4.6 percent; and that of business buildings and houses rose by 9.3 percent.

The investment index of real estate development was 101.11, remain the general level of that in May, and a drop of 1.76 points as compared with that in the same month of last year. In the first half year, the total investment in real estate development throughout the country was 619.3 billion yuan, rose by 23.5 percent as compared with same period of last year. Of this total, that in residential buildings was 414.7 billion yuan, up by 21.3 percent; that of completed economic buildings and houses investment was 20.4 billion yuan, dropped by 14.6 percent.