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MIL OSI Translation. Region: Peoples Republic of China – China Statistical Information Network – Chinese –

In September 2019, the sales price of commercial housing was basically stable.

 

——Kong Peng, chief statistician of the Urban Bureau of the National Bureau of Statistics, interprets statistics on the sales price changes of commercial housing in September

 

The National Bureau of Statistics released statistics on the sales price changes of commercial housing in 70 large and medium-sized cities in September 2019. In this regard, Kong Peng, chief statistician of the Urban Bureau of the National Bureau of Statistics, interpreted it.

 

1. The sales price of new commercial residential houses increased slightly, and the sales price of second-hand residential houses was basically flat.

 

In September, all localities resolutely implemented the Party Central Committee and the State Council, adhered to the positioning of “households and non-speculation”, and further implemented the long-term management mechanism for real estate. The real estate market prices were generally stable and slightly elevated. According to preliminary estimates, the sales price of new commercial residential buildings in the four first-tier cities increased by 0.4% from the previous month, and the growth rate was 0.1 percentage points higher than that of the previous month. Among them, Beijing and Guangzhou were flat, with Shanghai and Shenzhen rising by 0.5% and 1.2% respectively. The sales price of second-hand homes rose by 0.3% month-on-month, which was flat last month. Among them, Beijing and Guangzhou fell by 0.5% and 0.3% respectively, while Shanghai and Shenzhen rose by 0.6% and 1.3% respectively. The sales price of new commercial residential buildings in 31 second-tier cities rose by 0.6% from the previous month, an increase of 0.1 percentage points over the previous month; the sales price of second-hand residential houses rose by 0.2% from the previous month, the same as last month. The sales price of new commercial residential buildings in 35 third-tier cities rose by 0.8% from the previous month, and the growth rate was 0.1 percentage points higher than that of the previous month. The sales price of second-hand residential houses rose by 0.7% from the previous month, and the growth rate dropped by 0.1 percentage points from the previous month.

 

Second, the sales price of new commercial residential and second-hand residential in first-tier cities increased slightly year-on-year, and the growth rate of second- and third-tier cities fell.

 

According to preliminary estimates, in September, the sales price of new commercial residential buildings in first-tier cities rose by 4.6% year-on-year, an increase of 0.4 percentage points over the previous month; the sales price of second-hand residential houses rose by 0.1% year-on-year, down 0.2% last month. The sales prices of new commercial residential and second-hand residential in second-tier cities rose by 9.3% and 4.7% respectively year-on-year, and the growth rate dropped by 0.6 and 0.8 percentage points respectively from the previous month. The sales prices of new commercial residential and second-hand residential in third-tier cities rose by 8.4% and 5.0% respectively year-on-year, and the growth rate dropped by 0.6 and 0.8 percentage points respectively from the previous month.

 

EDITOR’S NOTE: This article is a translation. Apologies should the grammar and/or sentence structure not be perfect.

MIL Translation OSI