National Real Estate Climate Index Climbed 1.06 Points in June

In June, National Real Estate Climate Index was 102.93 (note), up by 1.06 points over the previous month, or up by 0.85 points over the same month of the previous year.

--The investment index of real estate development was100.68,up by 0.59 points from May, or down by1.01 points year-on-year. In the first half year, the total investment in real estate development amounted to 769.5 billion yuan, increased 24.2 percent compared with the same period of last year. Investment in residential buildings reached 531.8 billion yuan, increased 28.2 percent. Of which, the completed investment in economic buildings and houses was 21.7 billion yuan, up by 6.1 percent.

--The capital source index was 101.81,increased 1.17 points than the rate in May, or up by 0.51 points over the same month of the previous year. In the first half year, the position fund of real estate development enterprises reached 1222.4 billion yuan, rose 29.1 percent, year-on-year. Of which, domestic loans, self-prepare fund and utilization of foreign investment respectively reached an amount of 274.3, 412.8, and 16.7 billion yuan, respectively increased 56.4, 26.2 and 32.5 percent.

--The land space development index was 102.10,down by 1.53 points than that was in May, or up by 6.68 points compared with the same period of the previous year. In the first half year, the complete land space development by real estate development enterprises was 109.73 million square meters, rose 34.0 percent over last June.

--The construction space index was 104.47,down by 0.33 points than that was in May, or up by 0.87 over the same month of the previous year. In the first half year, the accumulative construction space was 1.406 billion square meters, up by 20.9 percent compared with the same period of last year. Of which, the residential housing construction space was 1.094 billion square meters, up by 21.1 percent; the space of office buildings was 57.70 million square meters, up by 15.8 percent; and that of the houses for business use was 173 million square meters, up by 17.6 percent.

--The vacant floor space of commercial building index was 99.56, up by 2.52 points than that was in May, or down by 4.06 points compared the same month of the previous year. By the end of June, the vacant floor space of commercial buildings was 121million square meters, a year-on-year rise of 17.2 percent. Of which, commercial buildings that unused was 67.15 million square meters, increased 14.1 percent.

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