National Real Estate Climate Index Inched Along in April

National Real Estate Climate Index in April was101.61 (note), up by 0.15 points from the previous month, or down by 0.65 points from the previous year.

The investment index of real estate development was100.13, dropped by 1.50 points compared with that was in March, or down by 1.63, year-on-year. From January to April, the total investment in real estate development amounted to 413.1 billion yuan, went up by 21.3 percent compared that was in April of last year. Of the total, investment in residential buildings achieved 283.5 billion yuan, an increase of 22.6 percent, that of completed economic buildings and houses investment was 10.1 billion yuan, a year-on-year increase of 4.1 percent.

The capital source index was 102.81, decreased 0.69 points from March, or up by 1.41 points from the previous year. The position fund of real estate development enterprises reached 758.4 billion yuan, a rise of 23.4 percent. Of which, national loans, self-prepare fund and utilization of foreign investment respectively reached an amount of 183.1, 261.6 and 8.3 million yuan; and correspondingly expanded 44.0, 26.9 and 25.0 percent.

The land space development index was 104.67, which was 0.64 points higher than that was in the previous month, or 10.57 points higher than that was in the previous year. From January to April, the complete land space development by real estate development enterprises was 72.81 million square meters, went up by 57.5 percent, year-on-year.

The construction space index was 105.46, 0.08 points increase from the previous month, or 1.93 points increase from the same month of the previous year. In the four months of this year, the accumulative construction space was up to 1176 million square meters, up by 22.1 percent over the same period of the previous year. Of which , the residential housing construction space was 906 million square meters, a rise of 22.1 percent; that of the office buildings was 50.17 million square meters, rose by 14.5 percent; and that of the houses for business use was 147 million square meters, increased by 21.8 percent.

The vacant floor space of commercial building index was 94.61, dropped by 0.8 points from that was in last month, or dropped by 9.25 points from that was in the same month of last year. By the end of April, the vacant floor space of commercial buildings was 122 million square meters, a year-on-year rise of 18.9 percent. Of the total, commercial buildings that unused was to 69.21 million square meters, rose by 15.9 percent.

Note: Since 2006, the component indicators of the National Real Estate Climate Index have been adopted new seasonal adjustment methodology, the historical data has also been adjusted accordingly.