The Real Estate Climate Index Kept Declining in October

In October, the real estate climate index was 101.10, down by 0.47 points as compared with that in September; the year-on-year change was down by 3.84 points.

-- The investment index of real estate development was 101.24, up by 0.48 points as compare with that in September, and a drop of 2.33 points as compared with that in the same month of last year. From January to October, the total investment in real estate development throughout the country was 1,176.9 billion yuan, rose by 21.6% as compared with same period of last year. Of this total, that in residential buildings was 799.9 billion yuan, up by 21.9%; that of completed economic buildings and houses investment was 42.6 billion yuan, dropped by 11.1%.

-- The capital source index was 100.38, down by 0.68 points over that in September, and a decrease of 3.97 points as compared with that in the same month of the previous year. From January to October, the capital source index of national real estate development enterprises was 1,594.0 billion yuan, rose by 21.4%. Of which, the domestic loans was 294.4 billion yuan, rose by 15.0%; that of self-raised funds was 550.4 billion yuan, rose by 37.9%; that foreign investment utilization was 20.7 billion yuan, rose by 24.3%.

-- The land space development index was 95.49, a decrease of 0.34 points as compared with that in September, and 1.86 points lower than the same month of previous year. From January to October, the complete land space development by real estate development enterprises was 13,271 million square meters, down by 1.3% as compared with that in previous year.

-- The construction space index was 103.33, dropped by 0.27 points as that compared with that in September, and 2.89 points lower as compared with that in the same month of last year. From January to October, the accumulative construction space was 143,000 million square meters, up by 18.5%. Of which, the construction space was 111,000 million square meters, a rise of 19.1%; that of the office buildings was 5773 million square meters, rose by 11.0%; and that of houses for business use was 18,200 million square meters, increased by 17.5%.

-- The vacant floor space of commercial building index was 101.02, down by 0.88 points as compared with that in September, and dropped 8.49 points as compared with that in the same month of previous year. In the end of October, the vacant floor space of commercial buildings was 11,200 million square meters, a rise of 14.0% as that compared with the same period of last year. Of this total, the commercial buildings left unused was 62.04 million square meters, up by 8.3%.