National Real Estate Climate Index slightly increased in July

In July, National Real Estate Climate Index reached 103.51, up by 0.58 points from June, or up by 1.54 over the same month of the previous year.

--The investment index of real estate development was101.52,up by 0.84 points from June, or down by 0.06 points over the last July. From January to July, the total investment in real estate development achieved 941.1 billion yuan, increased 24 percent compared with the same period of last year. Investment in residential buildings reached 657.5 billion yuan, increased 29.2 percent. Of which, the completed investment in economical buildings and houses was 27.5 billion yuan, an increase of 5.7 percent.

--The capital source index was 103.34, increased 1.53 points than the rate in June, or up by 2.18 points over the same month of the previous year. From January to July, the position fund of real estate development enterprises reached 1441.7 billion yuan, up by 29.4 percent, year-on-year. Of which, domestic loans, self-prepare fund and utilization of foreign investment respectively reached an amount of 325.5, 478.8 and 19.1 billion yuan, respectively increased 56.6, 25.3 and 34.2 percent.

--The land space development index was 100.99, down by 1.11 points than that was in June, or up by 5.13 points compared with the same period of the previous year. From January to July, the complete land space development by real estate development enterprises was 127.31 million square meters, rose 31.8 percent over last July.

--The construction space index was 104.11,down by 0.36 points than that was in June, or up by 0.87 over the same month of the previous year. From January to July, the accumulative construction space was 1.485 billion square meters, up by 19.2 percent compared with the same period of last year. Of which, the residential housing construction space was 1.153 billion square meters, up by 19.5 percent; the space of office buildings was 59.65 million square meters, up by 13.8 percent; and that of the houses for business use was 182 million square meters, up by 14.9 percent.

--The vacant floor space of commercial building index was 100.25, up by 0.69 points than that was in June, or down by 2.96 points compared the same month of the previous year. By the end of July, the vacant floor space of commercial buildings was 121 million square meters, a rise of 14.4 percent, year-on-year. Of which, commercial buildings that unused was 66.10 million square meters, increased 10.8 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.