房地产积极变化！多项指标改善

Core Viewpoint - The real estate market in China is showing signs of stabilization and recovery due to the implementation of various supportive policies, with improvements in sales and construction activities observed in recent months [2][5][12]. Group 1: Sales and Inventory - From January to April, the sales area of new commercial housing reached 28,262 million square meters, a year-on-year decline of 2.8%, which is a narrowing of the decline by 0.2 percentage points compared to the first three months [3][5]. - The sales revenue of new commercial housing was 27,035 billion yuan, down 3.2% year-on-year [3]. - The inventory of unsold commercial housing decreased for two consecutive months, with a total of 78,142 million square meters at the end of April, a reduction of 522 million square meters from the end of March [5][6]. Group 2: Construction Activity - The area of new housing starts from January to April was 17,836 million square meters, showing a year-on-year decline of 23.8%, but the decline has narrowed by 0.6 percentage points compared to the first three months [7][9]. - The total investment in real estate development was 27,730 billion yuan, down 10.3% year-on-year [7]. Group 3: Funding Sources - The total funds received by real estate development enterprises amounted to 32,596 billion yuan, a year-on-year decrease of 4.1% [10]. - Domestic loans reached 5,619 billion yuan, an increase of 0.8%, while foreign investment surged by 82% to 16 million yuan [10][12]. - Personal mortgage loans decreased by 8.5% to 4,518 billion yuan [10]. Group 4: Future Outlook - The market is expected to continue stabilizing, with a growing demand for quality housing and urban renewal projects [12]. - The government aims to enhance policy coordination and increase the supply of quality housing to meet the evolving needs of the population [12].