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房地产市场高频数据周报
财信证券·2025-03-06 08:51

Group 1: Core Insights - The report highlights a significant increase in property sales in major cities, with Shenzhen experiencing a week-on-week increase of 87.26% in sales area from February 24 to March 2, 2025 [4][7][11] - The overall property sales area in 30 major cities increased by 40.01% week-on-week, with a year-on-year increase of 36.93% [16][18] - The report indicates a mixed performance in property sales across different city tiers, with first-tier cities showing a year-on-year increase of 17.47%, while second-tier cities saw a decrease of 13.07% [18][19] Group 2: Housing Price Dynamics - The average transaction price of new residential properties in Shanghai rose to 49,921.20 yuan per square meter, reflecting a week-on-week increase of 47.37% [33] - The report notes a decline in the second-hand housing price index for first-tier cities by 9.27% year-on-year, indicating ongoing price pressures in the market [33][34] - The average housing price-to-income ratio for 31 key cities stands at 19.11, with first-tier cities at 30.42, suggesting affordability challenges [35][36] Group 3: Inventory Situation - As of March 2, 2025, the available inventory of new properties in the top ten cities was 7,827.77 million square meters, with a depletion cycle of 77.43 weeks [50][51] - The national inventory of unsold properties reached 75,327 million square meters by December 2024, marking a year-on-year increase of 10.60% [53][55] Group 4: Land Market Data - The report indicates that 100 major cities supplied 502 plots of land, a week-on-week increase of 20.10%, but a year-on-year decrease of 31.79% [58] - The average land listing price in 100 major cities was 1,062.00 yuan per square meter, reflecting a week-on-week decline of 10.61% [68] - The land transaction premium rate in 100 major cities was recorded at 2.54%, showing a significant decrease compared to previous weeks [69] Group 5: Real Estate Development Investment - Cumulative real estate development investment in China reached 1,002.80 billion yuan by December 2024, down 10.60% year-on-year [76] - The report highlights a decrease in the total area of construction projects, with a 12.70% year-on-year decline in the total construction area [78] - The actual funds available for real estate development in 2024 were 1,635.02 billion yuan, reflecting a year-on-year decrease of 15.70% [88]