I. The completion of investment in real estate development
From January to May in 2018, the national investment in real estate development was 41.4 trillion yuan, a nominal increase of 10.2% over the same period of the previous year. The growth rate was 0.1 percentage point lower than that in the first four months of the year. Among them, the residential investment was 290.3 billion yuan, an increase of 14.2%, and the growth rate was 1 - In April it was flat. Residential investment accounted for 70.1% of real estate development investment.
From January to May, investment in real estate development in the eastern region was 2,299.2 billion yuan, an increase of 11.3% year-on-year, and the growth rate was at the same level as in the January-April months. Central investment was 889.5 billion yuan, an increase of 13.3%, and the growth rate dropped by 1.5 percentage points; Western investment 8136 Billion yuan, an increase of 2.8%, the growth rate dropped by 0.4%; Northeast investment was 139.7 billion yuan, an increase of 19.9%, and the growth rate increased by 9.2%.
From January to May, the housing construction area of real estate development enterprises was 6,849,120,000 square meters, which was a year-on-year increase of 2.0%. The growth rate was 0.4 percentage points higher than that in the first four months. Among them, the residential construction area was 469.77 million square meters, which was an increase of 2.5%. The area was 72,190,000 square meters, an increase of 10.8%, and the growth rate was increased by 3.5%. Among them, the newly-started area of residential buildings was 53,098,000 square meters, an increase of 13.2%. The area of completed houses was 30,484,400 square meters, down 10.1%, and the decrease was narrowed by 0.6%. Wherein, the completed residential area was 21,138 square meters, a decrease of 12.8%.
From January to May, real estate development companies purchased land of 77.42 million square meters, which was a year-on-year increase of 2.1%, and a decrease of 2.1% from January to April. The land transaction price was 352.2 billion yuan, an increase of 16.0%, and the growth rate was increased by 2.4 percentage points.
Second, sales of commercial housing and sales
From January to May, the sales volume of commercial housing was 564.09 million square meters, a year-on-year increase of 2.9%, and the growth rate was 1.6 percentage points higher than that of the first four months. Among them, the sales floor area of residential buildings increased by 2.3%, the sales floor area of office buildings decreased by 3.5%, and business operations were used. Housing sales area increased by 5.8%. Commercial housing sales reached RMB 4,487.8 billion, an increase of 11.8%, and growth rate increased by 2.8 percentage points. Among them, residential sales increased by 12.8%, office building sales decreased by 1.1%, and sales of commercial buildings increased by 6.5. %.
From January to May, the sales area of commercial housing in the eastern region was 237.55 million square meters, a year-on-year decrease of 6.7%, which was a decrease of 2.7 percentage points from January to April; sales of 2.657 trillion yuan, an increase of 2.1%, and a decrease of 1.5% from January to April. • The sales area of commercial housing in the central region was 152.02 million square meters, an increase of 13.3%, and the growth rate was increased by 0.2 percentage points; the sales amount was 1.0239 trillion yuan, an increase of 26.9%, and the growth rate was increased by 0.9%. The sales area of commercial housing in the western region was 15,215 square meters, increasing. 9.9%, the growth rate increased by 0.6%; sales amount was 1021.4 billion yuan, an increase of 26.8%, and the growth rate was increased by 1.8 percentage points. The sales area of commercial housing in the Northeast China was 24.17 million square meters, an increase of 3.3%, and the growth rate was increased by 1.2%; 17.75 billion yuan, an increase of 18.9%, the growth rate dropped by 1.6 percentage points.
At the end of May, the area for sale of commercial housing was 5,601 million square meters, which represented a decrease of 6.77 million square meters from the end of April. Among them, the area of houses for sale decreased by 4.66 million square meters, the area of office buildings for sale increased by 320,000 square meters, and commercial housing for sale was for sale. The area is reduced by 1.96 million square meters.
Third, the real estate development companies in place funds
From January to May, the funds for real estate development enterprises reached 6.70 billion yuan, a year-on-year increase of 5.1%, and the growth rate was 3 percentage points higher than that in the first four months. Among them, the domestic loan was 102.1 billion yuan, a 2.8% decrease; the use of foreign capital was 2.1 billion yuan, which decreased 76.2%; Self-financed 1,947.3 billion yuan, an increase of 8.1%; Deposits and advances of 2012 billion yuan, an increase of 12.7%; Personal mortgage loans, 925 billion yuan, a decrease of 3.6%.
IV. Real Estate Development Climate Index
In May, the real estate development climate index (referred to as the 'National Housing Climate Index') was 101.58, an increase of 0.21 points over April.
Table 1 National real estate development and sales from January to May in 2018
| index | Absolute amount | Year-on-year increase (%) |
| Real estate development investment (100 million yuan) | 41420 | 10.2 |
| Including: Residential | 29037 | 14.2 |
| Office building | 2185 | -7.8 |
| Commercial Business Room | 5150 | -9.3 |
| Housing construction area (million square meters) | 684991 | 2.0 |
| Including: Residential | 469770 | 2.5 |
| Office building | 31806 | -0.7 |
| Commercial Business Room | 90146 | -3.4 |
| Housing Start-up Area (10, 000 square meters) | 72190 | 10.8 |
| Including: Residential | 53098 | 13.2 |
| Office building | 2086 | -8.2 |
| Commercial Business Room | 6994 | -8.8 |
| Housing completed area (million square meters) | 30484 | -10.1 |
| Including: Residential | 21138 | -12.8 |
| Office building | 1312 | 1.9 |
| Commercial Business Room | 3954 | -8.4 |
| Land purchase area (million square meters) | 7742 | 2.1 |
| Land transaction price (100 million yuan) | 3522 | 16.0 |
| Commercial housing sales area (million square meters) | 56409 | 2.9 |
| Including: Residential | 49066 | 2.3 |
| Office building | 1424 | -3.5 |
| Commercial Business Room | 3779 | 5.8 |
| Commercial housing sales (100 million yuan) | 48778 | 11.8 |
| Including: Residential | 41350 | 12.8 |
| Office building | 2095 | -1.1 |
| Commercial Business Room | 4135 | 6.5 |
| Commercial housing area for sale (ten thousand square meters) | 56010 | -15.2 |
| Including: Residential | 28056 | -23.1 |
| Office building | 3645 | -1.6 |
| Commercial Business Room | 14519 | -8.8 |
| Real estate development company in place funds (100 million yuan) | 62003 | 5.1 |
| Including: Domestic loans | 10201 | -2.8 |
| Use foreign capital | 21 | -76.2 |
| Self-raised funds | 19473 | 8.1 |
| Deposits and advance receipts | 20122 | 12.7 |
| Personal mortgage loan | 9250 | -3.6 |
Table 2 Investment in Real Estate Development in the Eastern, Central Western, and Northeast Regions from January to May in 2018
| Area | Investment amount |
| Year-on-year growth |
|
| Residential | Residential | |||
| National total | 41420 | 29037 | 10.2 | 14.2 |
| East area | 22992 | 16040 | 11.3 | 14.4 |
| Central Region | 8895 | 6536 | 13.3 | 19.4 |
| Western Region | 8136 | 5463 | 2.8 | 7.2 |
| North-east area | 1397 | 998 | 19.9 | 20.3 |
Table 3 Real estate sales in the East, Central, West, and Northeast areas from January to May 2018
| Area | Commercial housing sales area | Commercial housing sales | ||
| Absolute number | Year-on-year growth | Absolute number | Year-on-year growth | |
| National total | 56409 | 2.9 | 48778 | 11.8 |
| East area | 23375 | -6.7 | 26570 | 2.1 |
| Central Region | 15402 | 13.3 | 10239 | 26.9 |
| Western Region | 15215 | 9.9 | 10214 | 26.8 |
| North-east area | 2417 | 3.3 | 1755 | 18.9 |
Notes
1. Explanation of indicators
The real estate development company completed the investment this year: It refers to the investment for housing construction projects, investment in land development projects, and public welfare buildings and land acquisition fees that were completed during the reporting period. The indicator is cumulative data.
Area of sales of commercial housing: Refers to the total contracted area for the sale of new commercial housing during the reporting period (ie, the area of the building confirmed in the formal sales contract signed by both parties). The indicator is cumulative data.
Commercial housing sales: Refers to the total contract price for the sale of new commercial housing during the reporting period (ie the total contract price confirmed in the formal sales contract signed by both parties). This indicator is the same as the sales floor area of commercial housing, and it is also cumulative data.
Area for sale of commercial housing: Refers to the floor area of commercial housing available for sale or lease that has been completed at the end of the reporting period, and the building area of commercial housing not yet sold or leased, including the area of completed housing in the previous year and completed in the current period, but does not include the reporting period. The area of houses that are not sold or leased, such as the completion of demolition and relocation, the construction of a unified construction, public auxiliary construction, real estate companies' own use and turnover houses, etc.
Funds for real estate development enterprises in place this year: They refer to various currency funds and sources that can be actually used for real estate development by real estate development companies during the reporting period. They are specifically divided into domestic loans, foreign capital utilization, self-raised funds, deposits and advance receipts, personal mortgages. Loans and other funds. The indicator is cumulative data.
Housing construction area: Refers to the total building area of the real estate development company during the reporting period. Including the area of new construction of the current period, the area of houses continued to be constructed during the current period, and the area of houses restored to construction in the current period will be suspended. The area of the completed buildings in this period and the area of the houses that were stopped and built after the construction period. The construction area of the multi-storey building refers to the sum of the floor area of each floor.
Newly-built housing area: Refers to the newly-built housing area for real estate development companies during the reporting period. The unit project is the object of accounting. Excluding the construction area of the housing construction that was started during the reporting period and the construction of the previous period, the construction period was delayed and the construction period was delayed. The construction area of the resumption of work. The start of the house is based on the date when the house officially begins to break ground (ground treatment or permanent piles). The new construction area of the house refers to the entire building area of the whole house and cannot be calculated separately.
Completed housing area: Refers to the total construction area of each house that can be officially transferred for use in the report period. The house construction has been completed according to the design requirements, and has reached the conditions of residence and use. The experience has been qualified or passed the acceptance criteria for completion.
Land Acquisition Area: Refers to the area of land acquired by real estate development companies through land use rights in various ways during the year.
Land transaction price: The final amount of the land use rights trading activity of the real estate development enterprise. In the land primary market, it refers to the final land allocation for the land, the price of the “flight auction” and the transfer price; in the land secondary market, it means the land. Finalized contract prices for assignment, lease, mortgage, etc. The land transaction price is the same as the land acquisition area, and the average purchase price of the land can be calculated.
2. Scope of statistics
All real estate development and management corporations that have business development activities.
3. Survey method
Monthly survey (except January).
4. A brief description of the national real estate development climate index
The National Real Estate Development Prosperity Index (abbreviated as the 'National Economy Prosperity Index') follows the theory of cyclical fluctuations in the economy, and is based on the theory of boom cycle and boom cycle analysis methods. It uses time series, multivariate statistics, and econometric analysis methods to take real estate development investment as Benchmark indicators, selected real estate investment, capital, area, sales-related indicators, remove the impact of seasonal factors, include random factors, compiled using the growth cycle method, and revise the historical data monthly based on the newly added data. The housing prosperity index has chosen 2012 as the base year, and its growth rate has been set at 100. Generally, the national housing climate index of 100 points is the most appropriate boom level, and 95 to 105 points is the moderate prosperity level, and below 95 is the ratio. Low economic level, above 105 is the high degree of prosperity.
5. Division of East, Central, Western and Northeastern Regions
The eastern region includes Beijing, Tianjin, Hebei, Shanghai, Jiangsu, Zhejiang, Fujian, Shandong, Guangdong, and Hainan. The central regions include Shanxi, Anhui, Jiangxi, Henan, Hubei, Hunan, and 6 provinces; the western region includes Inner Mongolia, Guangxi, Chongqing, Sichuan, Guizhou, Yunnan, Tibet, Shaanxi, Gansu, Qinghai, Ningxia, Xinjiang, 12 provinces (municipalities and autonomous regions); Northeast China includes Liaoning, Jilin and Heilongjiang provinces.