China News Service, Beijing, July 29 (Reporter Pang Wuji) A land price report released by the Yiju Real Estate Research Institute on the 29th showed that the residential land prices in 100 cities across the country rose 10.2% year-on-year in the first half of the year. Among them, Tangshan, Nantong, Chengdu, Kunming, etc. The increase in urban land prices is among the highest.
The report shows that in the first half of the year, the average price of residential land in 100 cities across the country was 6,176 yuan per square meter, up 10.2% year-on-year. In the first half of the year, the increase in land prices in Baicheng narrowed, but it still maintained double-digit growth. The analysis believes that the monetary policy environment in the first half of the year was relatively loose, coupled with local efforts to increase the promotion of high-quality land, high-premium land in key cities has been auctioned, and land prices have risen rapidly.
In terms of cities, among the 36 first- and second-tier cities across the country, land prices such as Chengdu, Kunming and Yinchuan have risen relatively quickly, with year-on-year increases of 61%, 59% and 57% respectively in the first half of the year. The report believes that these three cities are all key cities in the western region with controllable land prices and high enthusiasm for real estate investment. For example, in the Chengdu market, the property market was active in the first half of this year, and the pace of land supply was relatively fast, attracting various real estate companies to actively enter, pushing up land price increases.
Among the 64 third- and fourth-tier cities, land prices in Tangshan, Nantong and Jiangyin have risen relatively fast, with year-on-year increases of 203%, 110% and 84% respectively in the first half of the year. According to the report, these cities are strong third- and fourth-tier cities with better economic conditions, and the prospects for land investment are promising. Among them, Tangshan's property market was relatively hot in the first half of this year, and housing prices rose strongly, which also led to the rise in land prices. Nantong and Jiangyin are located in the Yangtze River Delta. With the construction and opening of the Shanghai-Sutong high-speed rail, local property market attention has increased, and the land market has also increased.
Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, said that the keynote of real estate regulation in the second half of the year is clear, that is, the string of real estate regulation must be tightened at all times, and the work idea of "stabilizing land prices, housing prices, and expectations" remains unchanged. From the perspective of the stable development of the land market, cities with excessively rapid land prices will be actively managed and controlled, especially the entry of illegal funds into the land market. (Finish)