Bureau of Statistics: Chinese real estate sales increased by 59.8% in first four months of 2013

According to the China National Bureau of Statistics, in the first four months of 2013, the national real estate investment reached 1.918 trillion yuan, a year-on-year increase of 21.1% in nominal terms, the growth rate was 0.9 percentage points higher than 1-3 months. Residential investment totalled 1.3121 trillion yuan, an increase of 21.3%, the growth rate increased by 0.2 percentage points, accounting for 68.4% of the real estate development and investment.

From January to April 2013, the sales of commercial area reached 297.61 million square meters, an increase of 38.0%, 0.9 percentage points higher than the term from Jan to Mar; housing sales up 41.1%, an increase of 32.9%; office buildings, commercial business housing sales area increased by 5.8%. Commercial sales totalled 1.9847 trillion yuan, an increase of 59.8%, down 1.5 percentage points higher than the term from Jan to Mar;, residential sales increased by 65.2%, office building sales growth reached 62.3%, commercial space business sales increased by 21.1%.

Index

The absolute amount

Year-on-year Growth (%)

Real Estate Development and Investment (100 million yuan)

19180

21.1

 Of which: Residential

13121

21.3

    Office building

1102

48.6

    Commercial business space

2547

22.7

Housing construction area (10,000 square meters)

500618

17.2

 Of which: Residential

368798

14.8

    Office building

18350

26.5

    Commercial business space

58321

22.1

New housing construction area (10,000 square meters)

55506

1.9

 Of which: Residential

41330

1.8

    Office building

1814

8.8

    Commercial space space

6383

-3.3

Land acquisition area (10,000 square meters)

8825

-8.6

Land transaction price (100 million yuan)

2020

10.6

Completion of the housing area (10,000 square meters)

23759

6.6

 Of which: Residential

18273

2.6

    Office building

595

24.4

    Commercial business space

2829

18.3

Real estate sales (10,000 square meters)

29761

38.0

 Of which: Residential

26834

41.1

    Office building

654

32.9

    Commercial business space

1638

5.8

Real estate sales (100 million yuan)

19847

59.8

 Of which: Residential

16941

65.2

    Office building

881

62.3

    Commercial business space

1706

21.1

Real estate for sale (10 000 sq.m)

42588

40.5

 Of which: Residential

28139

44.7

    Office building

1754

35.1

    Commercial business space

8117

31.5

Real estate development enterprise funds in place (100 million yuan)

35602

33.5

 Of which: domestic loans

6618

26.8

    The use of foreign capital

163

28.5

    Self-financing

12952

16.2

    Other funds

15869

55.9

     Of which: deposit and advance payment

9782

61.9

        Individual mortgage loans

4373

67.8

 Source: China National Bureau of Statistics

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