高频跟踪 | 地产成交热度攀升

Industrial Production - Industrial production is showing signs of divergence, with downstream operations recovering while midstream and upstream sectors are experiencing slight declines. The operating rate of blast furnaces has decreased by 0.8 percentage points year-on-year to 2%, while the operating rate of PTA has dropped by 3.5% year-on-year [1][3][4] - In the automotive sector, the operating rate of semi-steel tires has significantly increased, up 3% year-on-year, indicating strong performance in this area [1][4] Construction Industry - The construction sector is facing weak performance, with asphalt operating rates falling by 5.8 percentage points year-on-year to -2.8%. Additionally, the national grinding operating rate and cement shipment rates are also below last year's levels, down 8.5 percentage points to 10.3% and 6% to 11.5% respectively [1][5][6] Demand Trends - There has been a substantial increase in new housing transactions, with a year-on-year rise of 50.8%. All tiers of cities are performing well, with first, second, and third-tier cities seeing increases of 64.9%, 41.7%, and 55.6% respectively [1][7] - Movie consumption remains high, with the number of viewers and box office revenue increasing by 132.8% and 149.6% year-on-year respectively. However, the intensity of human mobility is declining, with the national migration scale index down 7.6 percentage points to 6 [1][8][9] Price Trends - Agricultural product prices are generally declining, with vegetable prices dropping by 2.1% week-on-week. The prices of pork, eggs, and fruits have also decreased, albeit at a smaller rate [2][12] - The industrial product price index has continued to decline, with a week-on-week drop of 1.5%. Metal prices fell by 0.6%, while energy and chemical prices saw a more significant decrease of 2% [2][13]