In The First Half Of The Year, The Land For Real Estate Development Doubled &Nbsp, And Land Price Dropped By 10%.
Ministry of land and resources 27 released data show that in the first half of this year, the supply of land for real estate development increased by 98.4% compared to the same period last year, and the land market was gradually cooling down, and land prices fell by quarter. The second quarter was normal. Commodity housing The average price of land sold was 10.6% lower than the average price.
Data show that in the first half of the year, the total land supply increased significantly, and the growth of real estate land supply was outstanding. The total land supply in 31 provinces (autonomous regions and municipalities) was 179 thousand hectares, an increase of 65.1% over the same period last year. The supply of land for real estate development increased by 98.4% over the same period last year, the most obvious increase in three types of land (industrial and mining storage land, real estate development land and infrastructure). In the real estate market, the supply of commercial land and residential land increased by 64.1% and 112.5% respectively in the first half of the year, and the supply of affordable housing land (affordable housing and low rent housing land) increased by 99.2% over the same period.
With the introduction of real estate regulation policies, the land market is gradually developing. cooling Land prices fell quarterly. In the quarter, the average price of real estate, commercial clothing and ordinary commodity housing for the second quarter fell by 5%, 17.4% and 10.6% respectively.
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