Hunan, the late real estate market trend will slow down
Posted on Apr-29-2008· by china investor
Hunan Provincial Construction Department statistics, the province a quarter of total investment in real estate development completed 14.38 billion yuan, an increase of 32.3 percent. Second quarter and the coming period, real estate investment growth will further slow down. The current number of outstanding issues of concern and resolve.
First, housing supply conspicuous structural contradictions. From the investment amount, a quarter of the province and below 90 square meters of residential investment in all residential investment accounted for only 11.6 percent from the construction area, 90 square meters and the province following the construction of residential housing construction accounts for only all Area of 10.1% from the completion of the area and the proportion of sales area, they only accounted for 6.56 and 7.0 percent. From the 70% target still a big gap between.
Second, the real estate market order to be further standardized. Because of the inadequate management of the market, the number of non-normal factors to the tight supply has created pressure on the market, further boosting prices higher, housing prices continued to rise led some developers to take Wu-availability approach to hoarding, pushed the prices , To seek higher profits. According to statistics, by the end of March this year, the vacancy period in 2001 within the area of commercial housing reached 217,000 square meters, an increase of 49.6 percent, its share from 8.65 percent a year earlier to 16.0% , An increase of 7.35 percentage points. (Ding Wenjie)
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