In this July, the business boom index of national houses was 105.25, slightly rising by 0.07 point over this June and declining by 2.02 points over last July.

    The sub-index of sales price of commercial buildings. In this July, the sub-index of the average price of commercial houses was 103.02, up by 1.46 points over this June, and the average price of the commercial houses continued to maintain the rising momentum. In the first seven months of this year, the floor space of national commercial houses sold registered 0.134 billion sq.m. totally, a year-on-year rise of 25.2%; the sales revenue of the commercial houses reached 365.7 billion yuan, a year-on-year rise of 41.4%; the average price of national commercial houses was 2724 yuan per sq.m., a year-on-year rise of 12.9% which was the highest rise since the 1996. Specifically speaking, the average sales price of commercial residential building was 2480 yuan per sq.m., up 10.4%; that of office building was 6970 yuan per sq.m., up 32.3%; that of business operation building was 4312 yuan per sq.m., up 14.9%. Analyzed by region, there were 12 regions in which the average price of commercial building went up over 10%, especially, the prices in six regions such as Jiangxi, Gansu, Tianjin and so on rose over 20%.

    The sub-index of real estate development. In this July, it was 106.06, up by 0.08 points over this June. In the first seven months of this year, the investment in the real estate across the country totaled 605.5 billion yuan, a year-on-year rise of 28.6% which was 5.5 percentage points down over the rise of the same period of last year. Specifically speaking, the investment in commercial residential buildings was 411.1 billion yuan, a year-on-year rise of 28.1%; that in the office buildings was 29.7 billion yuan, up 31.5%; that in business operation building was 76.6 billion yuan, up 35.6%. From the Jan. to the July of 2004, the investment in nationwide economic suitable building was 29.2 billion yuan, down 0.5% which was the-first-time minus growth in the recent years, and accounted for 4.8% of all the commercial houses which dropped by 1.4 percentage points year on year. Analyzed by region, the finished investment in the real estate of the central region grew fastest. In the first seven months of this year, the finished investment by the real estate enterprises in the eight provinces of the central regions was 88.2 billion yuan, a year-on-year rise of 39.9%.

    The sub-index of the floor space of vacant commercial houses. In this July, the sub-index of floor space of vacant commercial houses was 92.38, down by 0.03 point over this June which has been declined for the three consecutive months since this April. At the end of this July, the floor space area of the national vacant commercial houses was 96.78 million sq.m., a year-on-year rise of 0.8%. Specifically speaking, the area of vacant residential commercial houses was 54.66 million sq.m., down 9.2%; that of vacant office buildings descended 3.7%; that of vacant business operation buildings went up 21.3%. Regarding the time length of being vacant, the area of commercial houses vacant for over one year took up 58.6%, that vacant for over three years accounted for 12.3%. Analyzed by region, the area of vacant commercial houses in the 12 regions such as Shanghai,Tianjin, Hubei and so on showed a negative year-on-year rise. Especially, the area of commercial buildings in Shanghai went down 37.7% over the same period of last year, which declined most.

    The sub-index of the area of the developed land. In this July, this index was 108.94, up by 0.02 point over this June. In the first seven months, the area of land developed by the national real estate reached 95.6 million sq.m., a year-on-year rise of 12.2% which was 0.7 percentage points higher over the first six months. The area of land purchased in this year was 0.187 billion sq.m., up 6% which was 3.2 percentage points higher over the first six months. Analyzed by region, the area developed in the eastern region was 54.26 million sq.m., up 7.1%; that in the central region was 21.76 million sq.m., up 7.1%; that in the western region was 19.59 million sq.m., up 38.1%.

    The sub-index of the floor space of completed buildings. In this July, this index was 102.17, down by 0.75 point over this June and being smallest level in the latest 4 years. In the first seven months, the area of floor space of completed buildings totaled 118 million sq.m. nationwide, a year-on-year rise of 12.9% which was 24.8 percentage points lower over the same period of last year. Analyzed by use, the area of residential buildings completed was 96.41 million sq.m., a year-on-year rise of 11.6%; that of office buildings completed was 3.21 million sq.m., up 27.4%; that of business operation buildings completed was 13.29 million sq.m., up 21.9%.