China-Singapore Jingwei Client, April 23 (Zhang Meng) Recently, the National Bureau of Statistics released data on real estate development and investment in 31 provinces.

What was the “transcript” of real estate development investment in various regions in the first quarter?

What are the highlights?

Come and take a look.

A construction site in Beijing.

Photo by Zhang Meng, China-Singapore Jingwei

Ten provinces exceed 100 billion

Jiangsu, Guangdong and Zhejiang ranks in the top three

  According to data, from January to March, the national real estate development investment was 2,757.6 billion yuan, of which the residential investment was 20,062.4 billion yuan.

  In the first quarter, there were 10 provinces (Jiangsu, Guangdong, Zhejiang, Shandong, Sichuan, Anhui, Fujian, Henan, Shanghai, Hubei) where real estate development investment exceeded 100 billion yuan, and the number of 100 billion provinces hit a record high.

  Specifically, among the 31 provinces, the investment in real estate development in Jiangsu and Guangdong each exceeded 300 billion yuan for the first time.

Jiangsu's investment amounted to 322.098 billion yuan, ranking first; Guangdong's investment amounted to 320.866 billion yuan, ranking second; Zhejiang's investment amounting to 244.354 billion yuan followed closely behind.

  Chen Xiao, an analyst at Zhuge Housing Data Research Center, told a reporter from China-Singapore Jingwei that in the first quarter of this year, the national epidemic was effectively controlled, the construction progress of the real estate industry was accelerated, and the housing market was highly enthusiastic, driven by local governments' advocacy of "Chinese New Year on the spot". In the same period of previous years, the property market has ushered in a good start. In addition, with the arrival of the property market, the property market in first- and second-tier hotspot cities has increased significantly, which has boosted the investment confidence of real estate enterprises and promoted the recovery of real estate development investment.

  A reporter from Sino-Singapore Jingwei found that Jiangsu, Guangdong, and Zhejiang have been among the top three in real estate development investment for many years.

Chen Xiao said that Jiangsu, Guangdong, and Zhejiang provinces have strong economic vitality in the long run, and the real estate development investment is relatively hot. With their superior economic fundamentals, they have attracted a large influx of foreign populations, supported the real estate market demand and helped real estate Development investment.

  Zhao Xiuchi, a professor of Capital University of Economics and vice president and secretary-general of the Beijing Real Estate Law Society, pointed out in an interview with the China-Singapore Jingwei reporter that Jiangsu, Guangdong, and Zhejiang have relatively good environments and are suitable for living and working, so they are more attractive.

14 provinces are growing faster than the whole country

Hubei's growth rate exceeds 290%, ranking first

  According to data from the National Bureau of Statistics, the national real estate development investment in the first quarter increased by 25.6% year-on-year, of which residential investment increased by 28.8%.

  In terms of provinces, 14 provinces, including Hubei, Xinjiang, Inner Mongolia, Ningxia, Heilongjiang, Qinghai, Tibet, Jilin, Hunan, Fujian, Hainan, Tianjin, Shanxi, and Guangdong, grew faster than the whole country.

  Specifically, Hubei's growth rate exceeded 290% and ranked first, Xinjiang and Inner Mongolia both exceeded 70%, ranking second and third respectively.

  Chen Xiao pointed out that in the first quarter of last year, affected by the epidemic, the real estate market in Hubei was greatly affected. Therefore, the base of real estate development investment was low. After the epidemic was effectively controlled, the economy of Hubei Province recovered rapidly, the real estate market gradually recovered vitality, and development investment increased. Reach a high level quickly.

  Zhao Xiuchi said that after the epidemic is brought under control, real estate companies have good expectations for Hubei's economy and property market. On the other hand, the high growth rate of Hubei's real estate development is also due to the low basis of the epidemic.

Expert: The macro economy continues to improve

Investment growth may stabilize

  Speaking of future real estate development investment trends, Zhao Xiuchi believes that the country’s real estate development investment rebounded in the first quarter. With the widespread vaccination of vaccines, people have good expectations for the real estate market. As the economic development improves, real estate development investment will continue to heat up.

  Yan Yuejin, research director of the Think Tank Center of E-House Research Institute, pointed out that the characteristics of the growth rate in the first quarter are reflected in the characteristics of "base factors lead to high data, improved external environment, and subsequent data operations will stabilize."

With vaccinations in various regions in the second quarter, the macroeconomic environment continued to improve, and development and investment ushered in new opportunities.

Of course, we must pay due attention to the "three red lines" and strictly control the impact of housing prices on development investment.

  In Chen Xiao's view, in recent days, many cities across the country have increased their regulation, and it is expected that the growth rate of development investment may slow down in the future.

(Zhongxin Jingwei APP)

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