China News Service, Beijing, February 1 (Reporter Pang Wuji) Liu Shui, deputy research director of the Corporate Business Department of the Zhongzhi Research Institute, said at a real estate situation analysis meeting on February 1 that the sales performance of Chinese real estate companies in the first year of 2021 will increase significantly.

The monthly sales of the three leading real estate companies, Vanke, Country Garden, and Evergrande, exceeded 60 billion yuan (RMB, the same below).

  According to data released by the Zhongzhi Research Institute that day, the average sales of the top 100 housing companies in January were 9.79 billion yuan, with an average growth rate of 112.0%.

There were 29 real estate companies with sales exceeding 10 billion yuan, an increase of 15 over the same period last year; 53 real estate companies with sales exceeding 5 billion yuan, an increase of 18 over the same period last year.

  Three leading real estate companies have strong sales.

According to the agency's monitoring, in the first month of 2021, Vanke's sales exceeded 70 billion yuan, and both Country Garden and Evergrande exceeded 60 billion yuan.

  The report released by Shenwan Hongyuan Research a few days ago reflects a similar trend.

The report shows that in January, the sales of 50 mainstream real estate companies in the Mainland totaled 804.6 billion yuan, a year-on-year increase of 68%, and the growth rate accelerated by 38 percentage points from the previous month.

According to the agency's monitoring, the sales of 50 real estate companies continued to increase steadily year-on-year, and achieved double-digit growth for nine consecutive months.

  Regarding the reasons for the relatively high growth rate of housing companies in January, Liu Shui pointed out that this does not mean that the market as a whole is overheated, but a manifestation of the normal recovery of the property market.

Liu Shui believes that the high performance growth rate of real estate companies in January is mainly due to seasonal and epidemic factors. In January 2020, due to the dual impact of the Spring Festival and epidemic prevention and control, the sales base is low.

In fact, the year-on-year growth data will have actual reference value after the third quarter.

  In addition, in 2021, real estate companies are facing large-scale bond maturity, and there is greater pressure to borrow new and repay the old.

In January, many real estate companies seized the window period with lower financing costs to issue bonds intensively.

According to statistics from the China Index Research Institute, in January, the scale of real estate credit bond issuance was 54.61 billion yuan, an increase of 73.28% from the previous month; the scale of overseas bond issuance by mainland real estate enterprises was 81.12 billion yuan, an increase of 464.5% from the previous month.

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