河南1-7月房地产开发企业到位资金同比增长0.3%

Core Viewpoint - The real estate development investment in Henan province has significantly declined in the first seven months of this year, indicating a challenging market environment for the sector [1] Investment and Construction Data - Real estate development investment decreased by 8.0% year-on-year, with residential investment down by 9.7% [1] - The total construction area for real estate projects fell by 4.9%, while the residential construction area decreased by 4.6% [1] - New construction area saw a substantial decline of 21.0%, with residential new construction area down by 21.6% [1] - The completion area of buildings dropped by 40.2%, with residential completions also down by 40.2% [1] Sales and Inventory Data - New commodity housing sales area declined by 1.0%, with residential sales area down by 1.4% [1] - The sales revenue from new commodity housing decreased by 0.2%, while residential sales revenue fell by 0.8% [1] - By the end of July, the inventory of unsold commodity housing increased by 13.7%, with residential unsold inventory rising by 21.9% [1] Funding Situation - The total funds available to real estate development enterprises grew by 0.3% year-on-year [1] - Domestic loans decreased by 15.2%, while self-raised funds increased by 1.7% [1] - Deposits and advance payments rose by 7.1%, but personal mortgage loans fell by 7.1% [1]