Real Estate Development Investment - In the first seven months, national real estate development investment reached 53,580 billion yuan, a year-on-year decrease of 12.0%, with residential investment at 41,208 billion yuan, down 10.9% [2][13] Construction and New Starts - The total construction area for real estate development was 638,731 million square meters, a decline of 9.2% year-on-year, with residential construction area at 445,107 million square meters, down 9.4% [4][13] - New construction area was 35,206 million square meters, down 19.4%, with residential new starts at 25,881 million square meters, a decrease of 18.3% [4][13] - The completed construction area was 25,034 million square meters, down 16.5%, with residential completions at 18,067 million square meters, a decline of 17.3% [4][13] Sales of New Commercial Housing - In the first seven months, the sales area of new commercial housing was 51,560 million square meters, a year-on-year decrease of 4.0%, with residential sales area down 4.1% [5][13] - The sales revenue from new commercial housing was 49,566 billion yuan, down 6.5%, with residential sales revenue decreasing by 6.2% [5][13] Inventory Situation - As of the end of July, the inventory of unsold commercial housing was 76,486 million square meters, a decrease of 462 million square meters from the end of June, with residential unsold inventory down by 285 million square meters [7][13] Funding Situation for Real Estate Developers - In the first seven months, the funds available to real estate developers totaled 57,287 billion yuan, a year-on-year decrease of 7.5% [8][13] - Domestic loans amounted to 9,207 billion yuan, showing a slight increase of 0.1%, while self-raised funds decreased by 8.5% to 23,230 billion yuan [8][13] Real Estate Development Prosperity Index - The real estate development prosperity index (National Real Estate Prosperity Index) stood at 93.34 at the end of July [9][13]
国家统计局:1—7月全国房地产开发投资同比下降12.0%
Guo Jia Tong Ji Ju·2025-08-15 02:44