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Real estate development investment of 10.96 trillion yuan in January-October
On Nov. 14, the National Bureau of Statistics (NBS) released the national real estate development investment and sales in January-October 2019.

The data show that from January to October, the national real estate development investment of 10.96 trillion yuan, an increase of 10.3 percent year-on-year, a growth rate of 0.2 percentage points lower than that of January-September Among them, residential investment of 8.07 trillion yuan, an increase of 14.6 percent, a growth rate of 0.3 percentage points lower.

The viewpoint real estate new media learned that in January-October, the eastern region real estate development investment of 576.15 billion yuan, an increase of 8.4%, the growth rate than in January-September fell 0.2 percentage points; the central region invested 2,282.2 billion yuan, an increase of 10.0%, the growth rate was flat; the western region invested 2,458.8 billion yuan, an increase of 15.7%, the growth rate fell by 0.5 The investment in the northeast region is 457.9 billion yuan, an increase of 9.5%, the growth rate fell by 0.4 percentage points.

1-10 months, real estate development enterprises housing construction area of 8,548,820,000 square meters, an increase of 9.0%, the growth rate than 1-9 months accelerated by 0.3 percentage points. Among them, residential construction area of 598,802,000 square meters, up 10.4%.

Housing new construction area of 1,856.34 million square meters, an increase of 10.0%, the growth rate accelerated by 1.4 percentage points. Among them, the residential new construction area of 1,369,370,000 square meters, an increase of 10.5%. Housing completion area of 542.11 million square meters, down 5.5%, the rate of decline narrowed by 3.1 percentage points. Among them, the residential completion area of 384.74 million square meters, down 5.5%.

January to October, real estate development enterprises land acquisition area of 183.83 million square meters, down 16.3% year-on-year, the rate of decline than in January-September narrowed by 3.9 percentage points; land transaction price of 992.1 billion yuan, a decline of 15.2%, the rate of decline narrowed by 3.0 percentage points.

From the commercial property sales and pending sales situation, from January to October, the commercial property sales area of 1,332,510,000 square meters, the growth rate for the first time this year, from negative to positive, an increase of 0.1%, from January to September for a decline of 0.1%. Among them, residential sales area increased by 1.5%, office building sales area decreased by 11.9%, commercial business premises sales area decreased by 14.0%. Sales of commercial real estate 124,417,000,000 yuan, an increase of 7.3%, the growth rate accelerated by 0.2 percentage points. Among them, residential sales increased by 10.8%, office building sales decreased by 11.5%, and commercial business housing sales decreased by 13.4%.

1-10 months, the eastern region of commercial real estate sales area of 524.15 million square meters, down 2.1% year-on-year, the rate of decline than the January-September narrowed by 0.8 percentage points; sales of 658.44 billion yuan, an increase of 6.8%, the growth rate accelerated by 0.8 percentage points. In the central region, the sales area of commercial housing 379.6 million square meters, an increase of 0.6%, the growth rate accelerated by 0.1 percentage points; sales of 271.18 billion yuan, an increase of 6.8%, the growth rate fell back by 0.4 percentage points.

Western region commercial real estate sales area of 367.86 million square meters, an increase of 3.8%, the growth rate fell 0.8 percentage points; sales of 266.11 billion yuan, an increase of 10.1%, the growth rate fell 0.5 percentage points. Northeast commercial real estate sales area of 60.9 million square meters, down 5.0%, the rate of decline narrowed by 0.9 percentage points; sales of 484.4 billion yuan, an increase of 3.3%, the growth rate accelerated by 0.8 percentage points.

At the end of October, the commercial property for sale area of 493.23 million square meters, 23 million square meters less than the end of September. Among them, the area of residential properties for sale decreased by 1.25 million square meters, the area of office buildings for sale increased by 90,000 square meters, and the area of commercial premises for sale decreased by 170,000 square meters.

Real estate development enterprises in place of funds, January-October, real estate development enterprises in place of funds 14515.1 billion yuan, an increase of 7.0%, the growth rate than in January-September fell 0.1 percentage points.

Including, domestic loans 2128.8 billion yuan, up 7.9%; the use of foreign capital of 13.1 billion yuan, up 63.2%; self-financing 4699.6 billion yuan, up 3.3%; deposit and advance receipts of 4,916.3 billion yuan, an increase of 9.4%; personal mortgage loans 2213.7 billion yuan, an increase of 14.1%.