Daily real estate industry news summary (2024-11-04)
According to the data from the China Index Research Institute, the sales of the top 100 real estate companies in October amounted to 496.386 billion yuan, a month-on-month increase of 67.45%.
Year-end "sprint run": The automotive market is witnessing a resurgence of "price wars", with 70,000-level discounts becoming the norm.
① Zhiji Autos' latest car purchase rights announcement: From now until November 30, Zhiji Autos' entire range of new and old car owners will share a total of 1.1 billion purchase subsidies. ② A salesperson at a Huawei store told Caixin reporters that the Hongmeng Intelligent Travel policies in November have been adjusted compared to October.
In October, China's heavy truck market sales were approximately 0.063 million vehicles, with the industry performing averagely.
In October 2024, the sales volume of heavy-duty trucks in China was approximately 0.063 million vehicles (wholesale basis, including exports and new energy), an increase of 9% month-on-month, but a decrease of 22% compared to the same period last year, which was 0.0811 million vehicles, a decrease of about 0.018 million vehicles.
Cui Dongshu: The transaction volume of the second-hand car trade in the first three quarters was 939.2 billion yuan, a year-on-year increase of 9%.
Cui Dongshu, Secretary-General of the China Association of Automobile Manufacturers, stated that the development of the used car market in China has huge potential, driven by the national policy of replacing old cars with new ones.
Ke Rui: In October, the new housing supply hit a new low while transactions increased by 44% compared to the previous month. The bullish policies in first-tier cities significantly boosted trading volume.
In October, due to the continued fermentation of the bullish new policies in core first- and second-tier cities, overall transactions returned to the high levels of the year. In November, with the diminishing bullish effects of the new policies and the addition of seasonal factors, the market's growth momentum is expected to slow down slightly.
The sales of the top 100 real estate companies in Silver October have turned the corner, with over 80% performance growth compared to the previous month.
①Affected by favorable policies and real estate developers' promotions, the sales of the top 100 real estate companies in October achieved a year-over-year positive growth for the first time this year. ②Among them, 83 real estate companies saw a month-on-month sales increase, with 33 more compared to September; 38 real estate companies experienced a year-on-year sales growth, with 22 more than in September.