BEIJING, Oct 15 - China's real estate investment gathered pace in September, growing 17.7 percent in the first nine months after a 14.7 percent rise in the first eight months, the National Bureau of Statistics said on Thursday.
Newly started floor space fell 0.4 percent in the first nine months from a year earlier, compared with a year-on-year drop of 5.9 percent in the first eight months, the statistics agency said.
The property outlook index, which covers price and investment trends in the sector, rose to 101.08 points in September from 100.08 points in August, the agency said.
Chinese property prices in 70 cities rose 2.8 percent in September from a year earlier and 0.7 percent from August.
Following is a breakdown of the September figures.
PROPERTY INVESTMENT
Actual investment in the sector (in billions of yuan and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 2,505.0 2,114.7 1,772.0 1,450.5 1,016.5 729.0 488.0 Change 17.7 14.7 11.6 9.9 6.8 4.9 4.1
Floor space newly started for construction (in millions of square metres and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 732.0 631.0 550.0 479.0 357.0 278.0 201.0 Change -0.4 -5.9 -9.1 -10.4 -16.2 -15.6 -16.2
Floor space under construction (in millions of square metres and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 2,775.0 2,629.0 2,507.0 2,397.0 2,185.0 2,010.0 1,787.0 Change 15.4 13.5 12.5 12.7 11.7 12.4 12.7
Total area of land purchased (in millions of square metres and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 214.5 186.31 163.09 136.44 98.75 72.66 47.42 Change 22.1 -25.3 -25.8 -26.5 -28.6 -28.6 -40.1
Total area of land developed (in millions of square metres and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 167.06 149.20 127.89 110.10 88.45 70.78 52.23 Change -6.6 -9.7 -13.4 -15.2 -13.3 -12.2 -11.3
PROPERTY SALES
Property sales in terms of floor space (in millions of square metres and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 583.71 494.16 417.55 341.09 246.44 176.25 113.09 Change 44.8 42.9 37.1 31.7 25.5 17.5 8.2
Property sales in terms of value (in billions of yuan and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Level 2,753.2 2,346.4 1,960.0 1,580.0 1,138.9 799.6 505.9 Change 73.4 69.6 60.4 53.0 45.3 35.4 23.1
SOURCES OF MONEY INTO PROPERTY SECTOR
Sources of funds raised (in billions of yuan and percentage change from a year earlier):
Jan-Sep Jan-Aug Jan-Jul Jan-Jun Jan-May Jan-Apr Jan-Mar Total 3,899.1 3,368.9 2,863.9 2,370.3 1,752.3 1,351.2 1,007.0 Change 38.8 34.2 28.7 23.6 16.1 12.4 9.2 Bank loans 819.0 738.4 652.4 538.1 396.2 325.5 254.5 Change 47.2 46.3 42.7 32.6 15.8 12.4 8.0 Own funds 1,278.7 1,104.5 955.7 824.1 624.4 489.3 379.1 Change 14.5 12.6 9.9 10.4 10.9 10.2 13.1 Foreign funds 35.9 29.8 27.3 24.3 22.5 16.6 15.0 Change -26.2 -33.6 -33.1 -29.7 -8.7 11.6 41.9 Mortgage 534.5 450.7 362.8 282.9 198.3 146.2 98.4 Change 107.7 94.1 78.9 63.1 39.8 28.7 13.2
OUTLOOK INDEX
Property outlook index (Real Estate Climate Index):
Sep Aug Jul Jun May Apr Overall 101.08 100.08 98.01 96.55 95.94 94.76 Investment in the sector 100.01 97.75 96.28 93.60 93.13 91.20 Sources of funds raised 107.75 105.82 103.31 98.73 96.62 94.30 Area of land developed 93.93 93.25 92.55 92.39 92.55 92.70 Unsold commercial floor space 90.32 89.31 88.62 88.59 89.05 91.20 Constructed floor space 99.06 94.95 93.84 93.89 93.93 93.47
If you believe an article violates your rights or the rights of others, please contact us.