31 provinces in the first half of the real estate development investment rankings: Guangdong, Jiangsu and Zhejiang rank top 500 billion

  China-Singapore Jingwei client July 19 (Zhang Meng) A few days ago, the National Bureau of Statistics released real estate development investment data for 31 provinces in the first half of 2020.

Guangdong, Jiangsu and Zhejiang sit firmly in the "top three" throne

Real estate development investment exceeds 500 billion

  Data from the National Bureau of Statistics show that in the first half of 2020, real estate development investment nationwide was 627.8 billion yuan.

  In terms of provinces, Guangdong, Jiangsu, and Zhejiang rank the top three in terms of investment in real estate development, with investment exceeding RMB 500 billion. Among them, Guangdong's investment of 743.389 billion yuan occupied the top position, and Jiangsu and Zhejiang's investment were 627.738 billion yuan and 530.884 billion yuan, ranking second and third.

  The Sino-Singapore Jingwei client found that since 2016-2020, Guangdong, Jiangsu and Zhejiang have been firmly in the top three "thrones" of the real estate development investment list in the first half of the year, and Guangdong ranked first for five consecutive years. It is worth noting that in 2014-2015, Jiangsu ranked first in the real estate development investment volume, which is enough to show that the real estate development investment competition is fierce.

  Yan Yuejin, Research Director of the Think Tank Center of E-House Research Institute, told the Sino-Singapore Jingwei client that the eastern coastal regions like Guangdong, Jiangsu and Zhejiang have performed well in development investment and continue to play a leading role.

  Yan Yuejin added that the amount of investment in real estate development is related to its economic development status and scale of real estate development. Although the administrative area of ​​Guangdong, Jiangsu and Zhejiang is not very large, the total scale of real estate development is relatively large. Relatively speaking, the price of development investment in these places is relatively high, which makes the final development investment relatively large in scale.

22 provinces grow faster than the whole country

Three places achieve double-digit growth

  According to data from the National Bureau of Statistics, from January to June this year, the national real estate development investment increased by 1.9% year-on-year. In June, the real estate development prosperity index was 99.85, an increase of 0.50 points from May.

  By province, in the first half of the year, there were Tibet, Heilongjiang, Ningxia, Gansu, Qinghai, Inner Mongolia, Shanxi, Henan, Hainan, Hunan, Guangxi, Yunnan, Shaanxi, Jiangxi, Tianjin, Jiangsu, Sichuan, Shandong, Beijing, Fujian, Zhejiang The growth rate of 22 provinces such as Guangdong and Guangdong exceeded the national average.

  Among them, the growth rate of real estate development investment in Tibet, Heilongjiang, and Ningxia has achieved double-digit growth, with growth rates of 56.11%, 19.48%, and 12.85%, respectively.

  Regarding the performance of investment in real estate development in the first half of the year, Yan Yuejin said that the increase in land supply in the first half of this year, the real estate market is very resilient, and will not be easily cooled. At the same time, it is also related to the "stable investment" orientation of various places. Will rely more on real estate.

  In an interview with the Sino-Singapore Jingwei client, Wang Xiaomao, a senior analyst at Zhuge’s data research center, pointed out that since March, the epidemic situation has improved, enterprises have resumed production and production, the real estate supply side has received favorable policies, the overall monetary environment has been relaxed, and the market’s backlog of demand has gradually been released. The land market is hot, high-quality plots in core cities are frequently available, and housing companies have sufficient confidence in investment. Overall, the growth rate of development investment in most provinces exceeds the national level.

  Data map. Photo by Zhang Meng, China-Singapore Jingwei

Experts: Market expectations are still improving in the second half of the year

Real estate development investment growth continues to rise

  Yan Yuejin predicts that as the epidemic gradually dissipates, the real estate market will gradually be on track. Real estate development investment is a ballast, and investment in real estate markets in various regions continues to grow. The growth rate of real estate development investment will accelerate in the second half of the year, and it may return to double-digit levels by the end of the year.

  Wang Xiaomao pointed out that in the second half of the year, market expectations are still improving, and the growth rate of development investment in many cities has not yet returned to the level before the epidemic, and the growth rate of real estate development investment continues to rise in the second half of the year.

  Xie Yifeng, president of the China Urban Real Estate Research Institute, also believes that at present, the growth rate of real estate development investment has exceeded market expectations, real estate development investment in many places is hot, housing companies are actively taking land, and the new construction volume is accelerating. Real estate development investment in the second half of the year The growth rate will definitely show an accelerating trend. (Zhongxin Jingwei APP)

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