The report of real estate market of Guiyang from January to September in 2005

Source: Guiyang Daily

A report called “Analytical Report of Real Estate Market Operation from January to September in 2005 in Guiyang City” was released by the Bureau of Housing Management . According to the report, influenced by the government’s micro control, the land supply capacity, newly constructed areas of commodity estate, approved prior sale areas of commodity estate declined compared with the same period of last year, but the price of the houses were still arising. The average sale price of commodity estate was 2,300 yuan per square meters, up 14.6% compared with same period of last year. Among them, the average sale price of houses was 1,980 yuan per square meters, up 8.2%.

The supply of land decreased a lot.

From January to September in 2005, the total sold areas reached 10.158 million square meters, down 80.6%. Among them, the areas of commodity estate reached 406.5 thousand square meters, down 90.6% compared with the same period of last year. It was reported that the construction progress of the commodity estate appeared a little slow and the newly constructed areas of commodity estate declined to some degree compared with the same period of last year because of the influence of the control policy and houses remove. The areas of commodity estate which were under construction reached 12.2112 million square meters, up 3.8% compared with the same period of last year. The areas of commodity estate which were newly constructed were 2.7989 million square meters, down 9.4%. Among them, areas of commodity housing were 2.3542 million square meters, down 7.2%. 

The presale of residential houses was decrease by 40%.

From January to September, the floor area of  presale houses reached 2.61 million square meters, down 47.9%. The floor area of affordable houses reached 247.1 thousand square meters, down 76%. During the first three quarters, the floor area of  presale houses reached 2.05 million square meters, down 23.9%. Among them, the floor area of commodity houses reached 1.90 million square meters, down 24.1% and the floor area of affordable houses reached 475 thousand square meters, down 38.3%.

The average price of commodity houses was 2300 yuan.

From January to September, the average price of commodity houses was 2300 yua, up 14.6%. The average price of dwelling houses was 1980 yuan per square meters, up 8.2%. The average price of affordable houses was 1470 yuan per square meters, up 7.6%. With respect to the stock houses, the average price was 1520 yuan per square meters, up 24.5%. Among them, the average price of dwelling houses was 1399 yuan per square meters, up 24.8%.

The loan supported by the accumulation fund was popular.

From January to September, the case number of mortgage loan of real estate reached 17,426, down 17.5%. The mortgage loan reached 5.66 billion yuan, down 5.6%. The mortgage loan for housing is becoming an important channel for supporting housing consumption. According to the statistic data, the number of households which had the mortgage loan reached 1966 with 278 million yuan of loan, up 43.8%. The mortgage loan was increased which supported the normal demand of housing consumption. It was reported that although the operation of real estate market was kept in health state, several problems still existed in the market which included that the structure of supply and demand was not perfect, part of housing price still increased too much and the market order was not regulated well. At the same time, there existed some uncertain factors. On the whole, the market control should be adopted to solve these problems to facilitate the healthy development of market.