全国土地市场5月报：65城土地成交规模环比上涨16%

National Land Market Overview - In May, the transaction scale of land in 65 key cities increased by 16% month-on-month and 6% year-on-year, with a total of 568 transactions covering 40.39 million square meters [1] - The total land transfer revenue in May was approximately 91.07 billion yuan, a decrease of 22% month-on-month but an increase of 32% year-on-year [4][6] - The proportion of residential land transactions decreased to about 19.5%, while industrial land transactions increased to 70.7% [5] - The average floor price for residential land decreased by 32% month-on-month to 8,514 yuan per square meter, but still increased by 16% year-on-year [6] Core City Market Performance - In May, the transaction scale of residential land in 24 core cities decreased by 10% month-on-month but increased by 46% year-on-year, with a total of 66 transactions covering approximately 5.05 million square meters [15] - The average floor price for residential land in core cities was 10,856 yuan per square meter, a significant decrease of 32% month-on-month but an increase of 11% year-on-year [15] - The average premium rate for residential land in core cities fell to 9.1% in May, indicating a return to normal market conditions after a previous surge [18] Land Acquisition Trends - The proportion of land acquired by state-owned enterprises (SOEs) in May rose to 21.4%, reflecting increased confidence and activity among SOEs and private enterprises [21] - Joint land acquisition activities among SOEs and private enterprises have increased, with a rise of 8% in joint acquisition scale compared to the previous month [21] - The land acquisition activity of private enterprises has also increased in cities like Guangzhou, Chengdu, Fuzhou, Ningbo, and Chongqing, with some exceeding 60% of the total acquisition scale [21]