BEIJING, April 17 (Xinhua) According to the website of the National Bureau of Statistics, the National Bureau of Statistics announced today the investment and sales of real estate development in China from January to March 2019.
Completion of investment in real estate development
From January to March 2019, the national investment in real estate development was 2,380.3 billion yuan, up 11.8% year-on-year, and the growth rate was 0.2 percentage points higher than that in January and February. Among them, residential investment was 1,725.6 billion yuan, an increase of 17.3%, and the growth rate dropped by 0.7 percentage points. The proportion of residential investment in real estate development investment is 72.5%.
From January to March, the investment in real estate development in the eastern region was 1,354 billion yuan, up 10.3% year-on-year, and the growth rate dropped by 0.6 percentage points compared with that in January and February. The investment in the central region was 481.6 billion yuan, an increase of 8.4%, and the growth rate dropped by 0.4 percentage points; The investment in the western region was 490.1 billion yuan, an increase of 18.9%, and the growth rate increased by 2.1 percentage points; The investment in Northeast China was 54.7 billion yuan, an increase of 21.8%, and the growth rate increased by 10.9 percentage points.
From January to March, the housing construction area of real estate development enterprises was 6,994.44 million square meters, up 8.2% year-on-year, and the growth rate was 1.4 percentage points higher than that in January and February. Among them, the residential construction area was 4,845.6 million square meters, an increase of 9.7%. The newly started housing area was 387.28 million square meters, an increase of 11.9%, and the growth rate increased by 5.9 percentage points. Among them, the newly started residential area was 284.67 million square meters, an increase of 11.5%. The completed housing area was 184.74 million square meters, down by 10.8%, and the decline rate narrowed by 1.1 percentage points. Among them, the completed residential area was 130.43 million square meters, down by 8.1%.
From January to March, the land acquisition area of real estate development enterprises was 25.43 million square meters, down 33.1% year-on-year, and the decline rate was 1 percentage point narrower than that in January and February; The land transaction price was 119.4 billion yuan, down by 27.0%, and the decline rate increased by 13.9 percentage points.
Sales and sale of commercial housing
From January to March, the sales area of commercial housing was 298.29 million square meters, down 0.9% year-on-year, and the decline rate was 2.7 percentage points narrower than that in January and February. Among them, residential sales area decreased by 0.6%, office sales area decreased by 11.1%, and commercial sales area decreased by 6.9%. The sales volume of commercial housing was 2,703.9 billion yuan, up by 5.6%, and the growth rate increased by 2.8 percentage points. Among them, residential sales increased by 7.5%, office sales decreased by 13.0%, and business sales decreased by 2.6%.
From January to March, the sales area of commercial housing in the eastern region was 116.36 million square meters, down 6.8% year-on-year, and the decline rate was 2.9 percentage points narrower than that in January and February. Sales reached 1,428 billion yuan, up by 1.1%, and decreased by 1.2% in January and February. The sales area of commercial housing in the central region was 84.96 million square meters, up by 2.8%, and decreased by 0.6% in January and February. Sales reached 589.7 billion yuan, up by 10.9%, and the growth rate increased by 4.3 percentage points. The sales area of commercial housing in the western region was 87.36 million square meters, an increase of 4.3%, and the growth rate increased by 2.1 percentage points; Sales reached 609.3 billion yuan, up by 12.2%, and the growth rate increased by 2 percentage points. The sales area of commercial housing in Northeast China was 9.6 million square meters, up by 0.3%, and decreased by 4.8 percentage points in January and February. Sales reached 76.8 billion yuan, up by 6.3%, and decreased by 2.4% in January and February.
At the end of March, the area of commercial housing for sale was 516.46 million square meters, a decrease of 6.05 million square meters compared with the end of February. Among them, the area for sale of residential buildings decreased by 5.31 million square meters, the area for sale of office buildings decreased by 470,000 square meters, and the area for sale of commercial buildings increased by 210,000 square meters.
Real estate development enterprises in place funds.
From January to March, the funds put in place by real estate development enterprises were 3,894.8 billion yuan, up 5.9% year-on-year, and the growth rate was 3.8 percentage points higher than that in January and February. Among them, domestic loans were 713.4 billion yuan, an increase of 2.5%; The utilization of foreign capital was 3.3 billion yuan, an increase of 1.1 times; Self-raised funds were 1,179.5 billion yuan, an increase of 3.0%; Deposits and advance receipts were 1,230.3 billion yuan, up by 10.5%; Personal mortgage loans reached 564.5 billion yuan, an increase of 9.4%.
In March, the real estate development boom index (referred to as "national housing boom index") was 100.78, 0.21 points higher than that in February.
