China News Service, April 17th. The National Bureau of Statistics announced on the official website on the 17th that the investment and sales of real estate development nationwide from January to March 2020 will be announced. Data show that from January to March, the national real estate development investment was 2,196.3 billion yuan, a year-on-year decrease of 7.7%.
Real estate development investment completion
From January to March, the national real estate development investment was 2,196.3 billion yuan, a year-on-year decrease of 7.7%, which was 8.6 percentage points narrower than that of January-February. Among them, residential investment was 1601.5 billion yuan, a decrease of 7.2%, and the decline narrowed by 8.8 percentage points.
From January to March, investment in real estate development in the eastern region was 12,714 billion yuan, a year-on-year decrease of 6.1%, a decrease of 6.4 percentage points from January to February; investment in the central region was 391.7 billion yuan, a decrease of 18.7%, and the decrease rate was narrowed by 7.2 percentage points; Regional investment was 486.1 billion yuan, a decrease of 0.8%, and the decline narrowed by 17.8 percentage points; investment in the northeast region was 47 billion yuan, a decrease of 14.0%, and the decline narrowed by 2.1 percentage points.
From January to March, the construction area of real estate development enterprises was 7.1886 million square meters, an increase of 2.6% year-on-year, and the growth rate fell by 0.3 percentage points from January to February. Among them, the residential construction area was 504.616 million square meters, an increase of 4.1%. The floor space of houses newly started was 2.8203 million square meters, a decrease of 27.2%, and the decrease narrowed by 17.7 percentage points. Among them, the newly started area of residential buildings was 20.799 million square meters, a decrease of 26.9%. The floor space of houses completed was 155.57 million square meters, a decrease of 15.8%, and the decrease narrowed by 7.1 percentage points. Among them, the area of residential buildings completed was 108.28 million square meters, a decrease of 16.2%.
From January to March, the land acquisition area of real estate development enterprises was 19.69 million square meters, a year-on-year decrease of 22.6%, a decrease of 6.7 percentage points from January-February; land transaction price was 97.7 billion yuan, a decrease of 18.1%, and a decrease of 18.1 percentage points .
Commodity housing sales and pending sales
From January to March, the area of commercial housing sold was 219.78 million square meters, a year-on-year decrease of 26.3%, a decrease of 13.6 percentage points from January-February. Among them, the area of residential sales decreased by 25.9%, the area of office buildings decreased by 36.2%, and the area of commercial business buildings decreased by 35.1%. Sales of commercial housing reached 2.0365 trillion yuan, a decrease of 24.7%, a decrease of 11.2 percentage points from January to February. Among them, residential sales decreased by 22.8%, office building sales decreased by 36.8%, and sales of commercial premises decreased by 39.8%.
From January to March, the sales area of commercial housing in the eastern region was 88.03 million square meters, a year-on-year decrease of 24.3%, a decrease of 10.6 percentage points from January to February; sales of 1.13 trillion yuan, a decrease of 20.9%, and a decrease of 9.1%. The sales area of commercial housing in the central region was 57.06 million square meters, a decrease of 32.8%, with a decrease of 12.4 percentage points; sales of 376.9 billion yuan, a decrease of 36.1%, with a decrease of 10.3 percentage points. The sales area of commercial housing in the western region was 68.24 million square meters, a decrease of 21.9%, with a decrease of 19.4 percentage points; sales of 474.6 billion yuan, a decrease of 22.1%, with a decrease of 18.5 percentage points. The sales area of commercial housing in the Northeast region was 6.45 million square meters, a decrease of 32.8%, and the decline narrowed by 8.2 percentage points; sales of 55 billion yuan, a decrease of 28.4%, and the decline narrowed by 3.7 percentage points.
At the end of March, the floor space of commercial housing for sale was 52.727 million square meters, a decrease of 2.78 million square meters from the end of February. Among them, the area for residential sales decreased by 4.4 million square meters, the area for office buildings increased by 210,000 square meters, and the area for commercial sales increased by 1.68 million square meters.
Funds in place for real estate development companies
From January to March, the funds in place for real estate development companies were 33.5566 billion yuan, a year-on-year decrease of 13.8%, a decrease of 3.7 percentage points from January-February. Among them, domestic loans were 671.6 billion yuan, down 5.9%; the use of foreign capital was 1.9 billion yuan, down 42.5%; self-raised funds were 1.0755 trillion yuan, down 8.8%; deposits and advance receipts were 954.2 billion yuan, down 22.4%; personal mortgage loans were 522.8 billion Yuan, down 7.4%.
Real Estate Development Prosperity Index
In March, the real estate development prosperity index (referred to as the "National Housing Prosperity Index") was 98.18, an increase of 0.78 points from February.