Real estate development investment list in the first three quarters: Guangdong, Jiangsu and Zhejiang ranks in the top three, 26 places are growing
China-Singapore Jingwei Client, November 6 (Xiong Jiali) Recently, the National Bureau of Statistics released the real estate development investment data of 31 provinces in the first three quarters of 2020.
The Sino-Singapore Jingwei client combed and found that in terms of the cumulative value of real estate investment, Guangdong, Jiangsu and Zhejiang took the top three; in terms of growth rate, 26 provinces had achieved positive growth.
Guangdong, Jiangsu and Zhejiang are among the top three: real estate development investment exceeds 800 billion
According to data from the National Bureau of Statistics, from January to September 2020, the investment in real estate development nationwide will be 10,348.4 billion yuan.
In terms of provinces, Guangdong, Jiangsu, and Zhejiang ranked the top three in real estate development investment.
Among them, Guangdong and Jiangsu invested more than one trillion yuan, which were 1.227685 billion yuan and 1005.27 billion yuan respectively.
Zhejiang's real estate development investment was 853.67 billion yuan, ranking third.
The Sino-Singapore Jingwei client combed and found that since 2014, Guangdong, Jiangsu and Zhejiang have been firmly in the top three real estate development investment lists.
It is worth noting that the competition for the top "throne" is fierce.
For example, in the first quarter of 2020, Jiangsu ranked first with an investment of 271.782 billion yuan, but by the second quarter, Guangdong had caught up with 743.389 billion yuan and occupied the top spot.
Chen Xiao, an analyst at the Data Research Center of Zhuge Finding a House, told the Sino-Singapore Jingwei Client that Guangdong, driven by the favorable conditions of the Guangdong-Hong Kong-Macao Greater Bay Area, has a strong population absorption capacity, agglomeration of high-tech industries, and strong resilience.
Jiangsu and Zhejiang rely on the Yangtze River Delta economic circle, with superior location, concentrated population, and agglomeration of branded real estate enterprises, and the development level of the real estate market has long been in the forefront.
In addition, from the distribution of the rankings, apart from Guangdong, Jiangsu and Zhejiang in the first echelon, there are 4 provinces with real estate development investment between 5000 and 800 billion yuan, namely Shandong, Anhui, Henan, and Sichuan; located between 3000 and 5000. There are 8 provinces with a value of 100 million yuan, namely Fujian, Hebei, Hunan, Chongqing, Shanghai, Hubei, Yunnan, and Shaanxi.
In addition, there are 8 provinces with less than 100 billion yuan, and Tibet ranks last with 11.128 billion yuan.
The growth rate of 26 provinces was positive, and nine regions achieved double-digit growth
According to data from the National Bureau of Statistics, from January to September this year, investment in real estate development across the country increased by 5.6% year-on-year, an increase of 1.0 percentage point from January to August.
In September, the real estate development prosperity index was 100.43, an increase of 0.11 points from August.
By province, the growth rate of real estate development investment in 26 provinces in the first three quarters was positive, of which 20 provinces grew faster than the national average, and 9 provinces including Tibet, Xinjiang, Jilin, Qinghai, Guizhou, Shanxi, Shaanxi, Yunnan and Shanghai achieved Double-digit growth.
In addition, five provinces including Hubei, Tianjin, Heilongjiang, Chongqing and Hainan showed negative growth.
Chen Xiao said that from the perspective of growth rate, under the influence of the epidemic this year, the real estate market has been severely impacted. As the impact of the epidemic gradually subsides, the overall recovery is better in the south than in the north, and the west is better than the east.
Hubei, as the center of the epidemic, has suffered severely in the real estate market, while Chongqing is close to Hubei, the impact of the epidemic is relatively serious, and recovery will take time.
Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, pointed out in an interview with the Sino-Singapore Jingwei Client that the urban real estate development investment in the central and western regions performed well in the first three quarters, and the growth rate was relatively fast. This is in contrast to the absolute small scale of investment in the central and western regions. It is related to the less impact of the epidemic this year.
Some provinces, including Hainan and Hubei, are experiencing negative growth. As the real estate market recovers and the macro economy improves, it is expected to have better performance.
Expert: Real estate development investment growth rate may continue to rise in the fourth quarter
Yan Yuejin believes that the real estate development investment data in the fourth quarter may rise further.
It is expected that the development investment data will form a better performance and truly become the leading recovery indicator for the real estate market this year.
Zhang Bo, Dean of 58 Anju Guest House Industry Research Institute, told the Sino-Singapore Jingwei Client that from the fourth quarter, real estate investment will still maintain a certain degree of enthusiasm.
On the one hand, in the land market, the acquisition of land by branded real estate companies will not slow down significantly. It is expected that the amount of land acquisition in the fourth quarter may still exceed the level of the same period last year. Real estate companies will return to first- and second-tier cities and focus on the five major urban clusters. The situation will continue.
On the other hand, despite the overall increase in funds in place for real estate companies in the third quarter, financing pressure is still not small, especially from the perspective of short-term debt repayment pressure, there is still no significant slowdown. From the "three red lines" to the recent statements of various government departments , Monitoring the debt level of key real estate companies has become an important part of long-term regulation. Real estate companies will have a strong motivation to seize shipments in the fourth quarter.
Statistics show that from June to September this year, the year-on-year growth rates of investment in real estate development across the country were 1.9%, 3.4%, 4.6%, and 5.6% respectively.
Chen Xiao analysis pointed out that from a national perspective, the year-on-year growth rate of real estate development investment has increased for April consecutively, and the growth rate has exceeded 5%, which is basically higher than the growth rate of real estate development investment in 2015, and real estate development investment confidence is increasing.
In addition, the rate of decrease in newly-started area continues to narrow, the real estate market is steadily recovering, and the willingness of housing companies to start new construction is gradually recovering.
With the gradual recovery of the start and construction status, the growth rate of real estate development investment will increase steadily. It is expected that the investment growth rate in the fourth quarter may continue to rise.
(Zhongxin Jingwei APP)
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