China News Agency, Beijing, January 18 (Reporter Pang Wuji) According to data released by the National Bureau of Statistics of China on the 18th, the sales area and sales of commercial housing in China in 2020 will be 1.76 billion square meters and 17.36 trillion yuan (RMB, the same below) , Both hit a record high.

  Data released on the same day showed that in 2020, China's commercial housing sales area was 1,760.8 million square meters, an increase of 2.6% over the previous year, and a decrease of 0.1% in 2019.

The sales of commercial housing was 17,361.3 billion yuan, an increase of 8.7%, and the growth rate was 2.2 percentage points higher than the previous year.

Previously, the highest record of China's commercial housing sales area and sales was divided into nearly 1.717 billion square meters in 2018 and 15.97 trillion yuan in 2019.

  Liu Hongyu, director of the Institute of Real Estate Research of Tsinghua University, said at the China News Service Forum "China Economic Situation Analysis Meeting" held on the same day that the real estate industry has overcome the impact of the epidemic in 2020 and achieved development beyond expectations.

While commercial housing sales and sales area both hit record highs, house price increases are controllable, and changes in prices of new and second-hand houses are in line with the regulatory goals.

  Pan Hao, a senior analyst at the Shell Research Institute, also pointed out that according to official data, the average sales price of China's commercial housing in 2020 is 9,860 yuan per square meter, a year-on-year increase of 5.9%, and the growth rate is 0.7 percentage points lower than last year.

In the long run, the volume and price of commercial housing are in a stable growth range, which is in line with the requirements for stable and healthy development of real estate.

  As for the reason for the new high in sales of commercial housing, Zhang Dawei, chief analyst of Centaline Property, believes that the main reason is that the credit policy is generally loose after the epidemic.

At the same time, due to the sharp drop in overseas investment and the return of capital, domestic demand for home purchases has increased.

In addition, residents' demand for improved property purchases has also rebounded significantly, boosting the housing market.

  Looking to the future, Liu Hongyu believes that, from the perspective of scale, China's new home sales will gradually stabilize, and there will even be a downward adjustment trend in the future.

He pointed out that last year the transaction volume of new housing was about 15 trillion yuan, and the transaction volume of second-hand housing was nearly 7 trillion yuan. The sum of the two was 22 trillion yuan.

In the future, the scale of new housing transactions may decline, and the scale of second-hand housing market transactions will gradually increase, because the market will gradually shift from an incremental market to both stock and incremental.

(Finish)