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The first two months of real estate investment in China grew by 22.8%

Release Date:2013-03-14

National Bureau of Statistics released a report on the 9th, 1-2 months, the national real estate development and investment of 667 billion yuan, a year-on-year increase of 22.8% in nominal terms, the growth rate increased by 6.6 percentage than last year. Residential investment was 458.3 billion yuan, an increase of 23.4%, 68.7% growth rate increased by 12 percentage points, the proportion of the total investment in real estate development.

The report pointed out, 1-2 months, China's real estate development enterprises, housing construction area 4,554,220,000 square meters, an increase of 15.3%, the growth rate increased by 2.1 percentage points compared to last year; 14.7% growth in new housing construction area, the houses completed area increased by 34%; land acquisition area, a decrease of 18.6%, a decline of 0.9 percentage points compared to last year.

In real estate sales, 1-2 months, the national real estate sales year-on-year growth of 49.5%, an increase of 47.7 percentage points higher than last year, where residential sales area increased by 55.2%, growth in office buildings 43.3%, 1.4% decline in commercial business premises selling area. Over the same period, commercial housing sales growth of 77.6%, an increase of 67.6 percentage points higher than last year. In late February, the area of 419.04 million square meters of commercial housing for sale than the end of last year, an increase of 54.44 million square meters.

1-2 months, in terms of capital, real estate development enterprise funds in place year-on-year growth of 33.7%, an increase of 21 percentage points higher than last year.

The report shows that in February, China's real estate climate index is 97.92, an increase of 2.33 percentage points compared to December last year.

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