The Real Estate Climate Index Kept Declining in November

In November, the real estate climate index was 101.08, down by 0.02 points as compared with that in October; the year-on-year change was down by 3.53 points.

-- The investment index of real estate development was 101.02, up by 0.22 points as compare with that in October, and a drop of 2.14 points as compared with that in the same month of last year. From January to November, the total investment in real estate development throughout the country was 1,324.0 billion yuan, rose by 22.2% as compared with same period of last year. Of this total, that in residential buildings was 899.3 billion yuan, up by 22.3%; that of completed economic buildings and houses investment was 47.7 billion yuan, dropped by 8.8%.

-- The capital source index was 100.50, down by 0.12 points over that in October, and a decrease of 3.36 points as compared with that in the same month of the previous year. From January to November, the capital source index of national real estate development enterprises was 1,753.3 billion yuan, rose by 22.2%. Of which, the domestic loans was 318.7 billion yuan, rose by 16.5%; that of self-raised funds was 606.5 billion yuan, rose by 38.9%; that foreign investment utilization was 22.2 billion yuan, rose by 23.0%.

-- The land space development index was 94.96, a decrease of 0.53 points as compared with that in October, and 2.02 points lower than the same month of previous year. From January to November, the complete land space development by real estate development enterprises was 14,372 million square meters, down by 2.2% as compared with that in previous year.

-- The construction space index was 104.62, increased by 1.29 points as that compared with that in October, and 0.70 points lower as compared with that in the same month of last year. From January to November, the accumulative construction space was 149,000 million square meters, up by 18.5%. Of which, the construction space was 116,000 million square meters, a rise of 19.2%; that of the office buildings was 6009 million square meters, rose by 12.4%; and that of houses for business use was 19,000 million square meters, increased by 16.7%.

-- The vacant floor space of commercial building index was 99.94, down by 1.08 points as compared with that in October, and dropped 8.77 points as compared with that in the same month of previous year. In the end of November, the vacant floor space of commercial buildings was 11,400 million square meters, a rise of 14.2% as that compared with the same period of last year. Of this total, the commercial buildings left unused was 63.16 million square meters, up by 8.0%.