土地周报 | 新增供应周期性低位，成交金额年内新高（12.8-12.14）

Core Viewpoint - The land supply continues to remain at a low level typical for the end of the year, while transaction volumes have reached a new high for the year, indicating a temporary rebound in market activity before a seasonal decline [1][2]. Supply - The total land supply this week was 1.9 million square meters, a 16% decrease from the previous week. There was no residential land supply in first-tier cities, with a total of 20 residential land plots offered, averaging a plot ratio of 2.1 [2]. - The starting bid for newly supplied residential land was below 1 billion yuan, with the highest starting price being 990 million yuan for a plot in Xi'an, which has a plot ratio of 2.5 and a planned construction area of 182,000 square meters [2]. Transaction - The total transaction area for land this week was 16.51 million square meters, a slight decrease of 1% from the previous week, but still at a high level for the year. The total transaction amount reached 91.8 billion yuan, marking a 28% increase and setting a new annual high [2][3]. - The average premium rate for land transactions was 1.1%, down by 1.2 percentage points from the previous week [2]. Key Transaction Plots - In key cities, 21 plots of residential land were sold for over 1 billion yuan, with the top six plots being sold at or near the starting bid. Notably, a plot in Guangzhou's Baiyun District was sold for 1.98 billion yuan after 31 rounds of bidding, with a floor price of 37,700 yuan per square meter [3]. - A plot in Nanjing's Jianye District was sold for 1.611 billion yuan with a premium rate of 26.34%, setting a new record for the highest unit price in Nanjing at 45,325 yuan per square meter [4]. Price Trends - The top five plots by unit price included a plot in Nanjing at 45,325 yuan per square meter, followed by plots in Guangzhou with prices ranging from 34,000 to 40,800 yuan per square meter [8].