National Real Estate Climate Index Expanded in September

In September, the national real estate climate index was 104.99, 0.51 and 1.85 points higher than the previous month and the same period last year respectively.

The investment index of real estate development was 104.07, up by 0.35 points from August, while jumping 2.35 points compared with the same month last year. The total investment in real estate development from January to September valued at 1,681.4 billion yuan, surging 30.3 percent from the same period last year. Investment in residential buildings reached 1,205 billion yuan, 32.8 percent of increase. Of which, the completed investment in economically affordable housings was 53.2 billion yuan, rose by 30.5 percent.

The index of fund sources was 103.59, 0.68 points of increase from the pervious month, while 0.04 points of increase year-on-year. From January to September, the sources of funds of enterprises for real estate development reached 2,537.9 billion yuan, a year-on-year rise of 37.9 percent. Of which, domestic loans, foreign investment and self-rising funds achieved 512.4, 42.3 and 837.1 billion yuan, surging 30.1, 63.2 and 37.4 percent respectively.

The index of land space development was 97.58, down by 0.19 points compared with the previous month, or declined by 3.29 points from the same period last year. From January to September, the land space developed by real estate development enterprises was 182 million square meters, a year-on-year rise of 11.3 percent.

The index of floor space of buildings under construction was 105.55, 0.01 points decrease from that was in August, while a year-on-year increases of 2.04 points. From January to September, the floor space of buildings under construction was 1,999 million square meters, a year-on-year increases of 22.4 percent. Of this total, the floor space of residential housings was 1,573 million square meters, up by 23.6 percent; that of office buildings was 75.27 million square meters, climbing 18.3 percent; that of the houses for business use was 223 million square meters, jumping 11.8 percent.

The index of vacant floor space of commercial buildings was 109.47, surging 1.3 points from last month, or up by 7.53 points from the same month last year. By the end of September, the vacant floor space of commercial buildings was 118 million square meters, a year-on-year decrease of 2.4 percent. Of which, commercial buildings that unused was 58.23 million square meters, decreased 11.6 percent.