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核心24城涉宅金超5千亿 同比涨 51%
3 6 Ke·2025-07-18 02:20

Group 1: National Land Market Performance - The transaction scale of residential land in 65 key cities has rebounded, with a year-on-year increase of 18.4% in the first half of 2025, indicating a stabilization trend after a decline [1][4] - The total transaction of operating land in these cities reached 3,564 plots, with a total planned construction area of 23,406.6 million square meters, showing a significant decrease of 9.4% year-on-year [1] - The total land transfer revenue for residential land reached approximately 7,595.8 billion yuan, with residential land accounting for 85% of this figure, reflecting a 45% year-on-year increase [4] Group 2: Price Trends and Premium Rates - The average floor price of residential land in first-tier cities reached 36,484 yuan per square meter, with a year-on-year increase of 24% [6][8] - The average floor price for residential land in second-tier cities rose to 9,894 yuan per square meter, marking a 20% year-on-year increase [6] - The average premium rate for residential land in core cities increased to 14.2%, up 8.9% from the previous year, with 10 cities exceeding a premium rate of 10% [22][24] Group 3: Land Auction Dynamics - The number of unsold residential land plots decreased to 79, with a low auction failure rate of 8.7%, particularly in first and second-tier cities [9] - First-tier cities did not experience any unsold plots in the first half of 2025, while second-tier cities saw a flow rate drop to 5.6% [9] - The land supply strategy has shifted towards high-quality plots, effectively reducing the number of unsold plots [9] Group 4: Corporate Participation in Land Acquisition - The share of local state-owned enterprises in land acquisition has decreased to 38.3%, while the shares of central enterprises and private enterprises have increased to 18.5% and 26%, respectively [26][27] - Central and private enterprises have shown increased activity in acquiring land in core cities, with notable participation from private firms in high-premium land auctions [27] - The trend of joint land acquisitions among real estate companies has increased, reflecting a cautious yet strategic approach to land procurement [27]