上海前三季度房地产数据出炉 “沪六条”后新房成交环比大涨

Core Insights - Shanghai's economy shows a stable and improving trend in the first three quarters of 2023, with steady growth in production supply and orderly release of market demand [1] Real Estate Development and Investment - Real estate development investment in Shanghai increased by 2.2% year-on-year from January to September 2023 [1] - The total construction area of commercial housing reached 155.91 million square meters, a slight increase of 0.1% [1] - Residential construction area was 72.37 million square meters, growing by 0.9% [1] Completion and Sales of Commercial Housing - The completion area of commercial housing was 10.04 million square meters, up by 11.7% [2] - Residential completion area was 4.88 million square meters, increasing by 6.0% [2] - The sales area of commercial housing decreased by 0.3% to 12.02 million square meters, with residential sales down by 3.8% to 9.57 million square meters [3] Policy Impact and Market Response - The decline in sales area showed a narrowing trend compared to previous months, indicating the effectiveness of the "Six Policies" released on August 25, which aimed to optimize real estate regulations [3] - In September, commercial housing sales area increased by 64.22% month-on-month, while residential sales rose by 73.47% [3] Market Activity and Trends - High-end residential projects in Shanghai have seen significant demand, with some properties selling out on the first day of sales, such as the Jinling Huating project with a total value exceeding 9.8 billion yuan [4] - The second-hand housing market also showed recovery, with over 20,000 transactions in September, and daily registrations exceeding 1,000 in early October [4] - The recent land auction in Shanghai set a record for the highest land price in the city's history, indicating strong land value resilience [4]