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National Real Estate Climate Index Expanded in October
National Bureau of Statistics of China¡¡2007-11-19 14:36:13




In October, the national real estate climate index was 105.74, 0.75 and 2.34 points higher than the previous month and the same period last year respectively.

The investment index of real estate development was 104.42, up by 0.35 points from September, while jumping 2.74 points compared with the same month last year. The total investment in real estate development from January to October valued at 1,919.2 billion yuan, surging 31.4 percent from the same period last year. Investment in residential buildings reached 1,372.6 billion yuan, 33.7 percent of increase. Of which, the completed investment in economically affordable housings was 61.8 billion yuan, rose by 32.2 percent.

The index of fund sources was 104.90, 1.31 points of increase from the pervious month, while 1.48 points of increase year-on-year. From January to October, the sources of funds of enterprises for real estate development reached 2,886.4 billion yuan, a year-on-year rise of 40.2 percent. Of which, domestic loans, foreign investment and self-rising funds achieved 561.1, 48.3 and 931.7 billion yuan, surging 30.1, 67.6 and 38.0 percent respectively.

The index of land space development was 97.62, up by 0.04 points compared with the previous month, or declined by 3.98 points from the same period last year. From January to October, the land space developed by real estate development enterprises was 198 million square meters, a year-on-year rise of 7.9 percent.

The index of floor space of buildings under construction was 105.64, 0.09 points increase from that was in September, while a year-on-year increases of 2.25 points. From January to October, the floor space of buildings under construction was 2,086 million square meters, a year-on-year increases of 22.8 percent. Of this total, the floor space of residential housings was 1,645 million square meters, up by 24.0 percent; that of office buildings was 77.58 million square meters, climbing 18.9 percent; that of the houses for business use was 231 million square meters, jumping 11.8 percent.

The index of vacant floor space of commercial buildings was 110.71, surging 1.24 points from last month, or up by 7.42 points from the same month last year. By the end of October, the vacant floor space of commercial buildings was 117.69 million square meters, a year-on-year decrease of 3.9 percent. Of which, commercial buildings that unused was 57.94 million square meters, decreased 13.3 percent.

 

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