2022 January-October national real estate development investment fell by 8.8
From January to October, the national real estate development investment was 11394.5 billion billion yuan, down 8.8 percent from the same period last year, of which residential investment was 8652 billion billion yuan, down 8.3 percent.
Completion of 1. Real Estate Development Investment
From January to October, the national real estate development investment was 11394.5 billion yuan, down 8.8 percent from the same period last year. Among them, residential investment was 8652 billion yuan, down 8.3 percent. From January to October, the construction area of real estate development enterprises was 8888.94 million square meters, down 5.7 percent from the same period last year. Among them, the residential construction area of 6282.78 million square meters, down 5.9. The area of new housing starts was 1037.22 million square meters, down 37.8 percent. Among them, the newly started residential area of 759.34 million square meters, down 38.5 percent. The completed area of houses was 465.65 million square meters, down 18.7 percent. Among them, the completed residential area of 337.71 million square meters, down 18.5.
2. Commercial Housing Sales and For SaleFrom January to October, the sales area of commercial housing was 1111.79 million square meters, down 22.3 percent year-on-year, of which residential sales area fell 25.5 percent. Sales of commercial housing were 10883.2 billion yuan, down 26.1 percent, with residential sales down 28.2 percent. At the end of October, the area of commercial housing for sale was 547.34 million square meters, up 9.0 percent year on year. Among them, the residential area for sale increased by 16.6.Funds in Place for 3. Real Estate Development EnterprisesFrom January to October, funds in place for real estate development enterprises were 12548 billion yuan, down 24.7 percent from the same period last year. Of this total, domestic loans were 1478.6 billion yuan, down 26.6 per cent; foreign capital was 6.2 billion yuan, down 13.5 per cent; self-raised funds were 4485.6 billion yuan, down 14.8 per cent; deposits and advance receipts were 4104.1 billion yuan, down 33.8 per cent; and personal mortgage loans were 2015 billion yuan, down 24.5 per cent.
4. Real Estate Development Prosperity IndexIn October, the real estate development prosperity index (hereinafter referred to as "National Housing Prosperity Index") was 94.70.
National Real Estate Development and Sales Table 2 20221
- 10 Eastern, Central, Western and Northeast Real Estate Development Investment
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