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Daily summary of Real Estate Industry trends (2025-01-17)
1. National Bureau of Statistics: The real estate market in our country is expected to continue improving. Kang Yi, Director of the National Bureau of Statistics, stated that after the introduction of a package of incremental policies in 2024, transactions in the real estate market are tending to become active, the supply-demand relationship is improving, housing prices are stabilizing, and the recovery of the real estate market is also driving improvements in related Industries. In the next phase, the real estate market in our country is expected to continue improving. (Xinhua Finance) 2. National Bureau of Statistics: The sales area of newly built Commodities in 2024 decreased by 12.9% compared to the previous year. According to data from the National Bureau of Statistics, in 2024, national real estate development investment reached 10,028 billion yuan, a decrease of 10.6% compared to the previous year.
Mainland Real Estate has partially warmed up as LONGFOR GROUP (00960) rises by 3.73%. Institutions indicate that the continuous improvement of the land market is a prerequisite for the market recovery.
Gold Supply Financial News | The Mainland Real Estate sector shows some signs of recovery, with LONGFOR GROUP (00960) rising by 3.73%, YUEXIU PROPERTY (00123) rising by 3.35%, CHINA RES LAND (01109) rising by 3.1%, CHINA OVERSEAS (00688) rising by 3.01%, and CH OVS G OCEANS (00081) rising by 2.38%. The National Statistics Bureau announced data showing that in December 2024, among 70 large and medium-sized cities, first-tier cities saw an increase in the sales prices of commercial Residences month-on-month, while second and third-tier cities saw a narrowing of the overall month-on-month decline; the year-on-year decline continued to narrow in first, second and third-tier cities. In December, new commercial buildings in first-tier cities.
Express News | National Bureau of Statistics: China's Real Estate market is expected to continue improving.
[Brokerage Focus] Ping An Securities: As the Spring Festival holiday approaches, the real estate Industry is expected to enter a period of sluggish transactions in the short term.
Jinwoo Financial News | Ping An Securities has released its monthly report on the real estate Industry. With the approach of the Spring Festival holiday, it is expected that short-term transactions will enter a period of stagnation. In the mid-term view, the current high point of the property market in terms of volume and price has clearly receded. Coupled with the reduction of down payments and interest rates, the threshold for residents to purchase property has significantly improved. Although the existing inventory is high and expectations for housing prices and income still constrain the property market's performance, it is believed that the sharp decline in the market has passed. As more high-efficiency, high-quality products enter the market, some demand may flow back from the second-hand housing market to the new housing market, leading to a stabilization of high-quality products in the market first. The short-term focus should be on the performance from after the Spring Festival to March. On the indiv
Statistics Bureau: In 2024, national Real Estate Development investment is 10,028 billion yuan, a decrease of 10.6% compared to the previous year.
In 2024, the national Real Estate Development investment is 10,028 billion yuan, a year-on-year decrease of 10.6%, of which Residence investment is 7,604 billion yuan, down 10.5%.
Express News | National Statistics Bureau: By December 2024, the year-on-year decline in first, second, and third-tier cities continues to narrow.
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