National Real Estate Climate Index Climbed 0.26 Points in May

In May, national real estate climate index was 101.87(note), up by 0.26 points from the previous month, or down by 0.30 points from the same month of the previous year.

The index of the investment in the development in real estate was 100.09, dropped 0.04from the previous month, or dropped 1.68 points from the same month of the previous year. In the past five months of this year, the total investment in real estate development amounted to 565.8 billion yuan, rose 21.8 percent, year-on-year. Of the total, investment in residential buildings achieved 389.2 billion yuan, rose 25.4 percent. The completed investment in economic buildings and houses was up to 14.9 billion yuan, 3.0 percent increase.

The capital source index was 100.64, dropped 2.17 points from April, or dropped 0.78 points from the same month of the previous year. During the January to May period, the position fund of real estate development enterprises reached 962.4 billion yuan, a year-on-year rise of 24.1 percent. Of which , domestic loans, self-prepare fund and utilization of foreign investment respectively reached an amount of 218.8, 325.2 and 1.7 billion yuan, increased 42.9, 25.7 and 4.7 percent, correspondingly.

The land space development index was 103.63, drooped 1.04 points from April, or up by 8.9 points from the same month last year. From January to May, the complete land space development by real estate development enterprises was 87.93 million square meters, rose 46.2 percent, year-on-year.

The index of the area of land developed was 104.80, declined 0.66 points from the previous month, or grew 1.24 points, year-on-year. In the past five months, the accumulative construction space was 1286 million square meters, up by 20.9 percent, year-on-year; Of the total, the residential housing construction space was 993 million square meters, increased 21.0 percent; that of the office buildings was 55 million square meters, increased 17.6 percent; and that of the houses for business use was 160 million square meters, increased 40.0 percent.

The vacant floor space of commercial building index was 97.04, 2.43 points higher than that was in April; dropped 6.73 points compared with the same month of last year. By the end of May, the vacant floor space of commercial buildings was 122 million square meters, a year-on-year increase of 17.8 percent. Of which, commercial buildings that unused was 67.28 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.