The business boom index of national real estate development measured by the NBS indicated that this index in this June was 105.18, down by 0.74 points over this May and down by 1.86 points over last June. Among the eight sub-indices within the Business Boom Index System of National Houses, other sub-indices showed the falling trend except the average sales price index of commercial buildings rose slightly.

    1. Sub-index of the sales price of commercial buildings. In this June, the sub-index of sales price of commercial buildings was 101.55, up 0.04 point over this May. In the first half of this year, the area of commercial buildings sold reached 110.1 million sq.m., a year-on-year rise of 26.3% which was 9.1 percentage points lower than the rise of the first quarter; the sales revenue of commercial buildings totaled 297.4 billion yuan, a year-on-year rise of 40.9% which was 3.5 percentage points less over the first quarter. The average price of national commercial buildings was 2701 yuan per sq., a year-on-year rise of 11.6% which was 4.9 percentage points higher over the first quarter. Specifically speaking, the average sales price of residential commercial buildings was 2487 yuan per sq.m., a year-on-year rise of 9.8%; that of office buildings and business buildings rose 23.1% and 15.6% year on year. Analyzed by region, the sales price of commercial buildings in the eastern and central regions went up faster, showing the year-on-year rises of 13% and 15.9% respectively; that in the western region changed slightly, a year-on-year rise of 5.2%.

    2. Sub-index of developed land area. In this June, the sub-index of developed land area was 108.92, down by 2.32 points over this May which declined most among all the sub-indices. In the first half of this year, the developed land area across the China was 79.2 million sq.m., a year-on-year rise of 11.5% which was 17.3 and 28.5 percentage points lower over the first quarter and the same period of last year respectively. The purchased land area in this year was 154.89 million sq. m., a year-on-year rise of 2.8%; especially, that in this June was 31.09 million sq.m., a year-on-year decline of 18.1%.

    3. Sub-index of the floor space of completed buildings. In this June, this index was 102.91, down by 1.60 points over this May which was 8.55 points lower over last June. In the first half of this year, the floor space of completed buildings nationwide was 95.53 million sq.m., a year-on-year rise of 15.6% which was 5.7 percentage points lower over the first quarter and 24.8 percentage points less over the same period of last year. Analyzed by use, the floor space of residential buildings completed was 77.99 million sq.m., a year-on-year rise of 14.2%; that of office buildings and business buildings rose 21.4% and 22.4% respectively.

    4. Sub-index of real estate investment. In this June, this index was 105.98 points, down by 0.55 point over this May. In the first half of this year, the investment in real estate across the country totaled 492.4 billion yuan, a year-on-year rise of 28.7% which was 12.4 percentage points lower than the rise of the first quarter and down by 5.3 percentage points over the same period of last year. Specifically speaking, the investment in the residential commercial buildings reached 336.2 billion yuan, a year-on-year rise of 29.7%; that in office buildings was 24.5 billion yuan, up 38.3%, and that in business buildings was 61.4 billion yuan, up 33.6%. It is worth noting that the proportion of economic residential houses dropped further. In the first half of this year, the investment in the economic residential houses nationwide reached 23.7 billion yuan, a year-on-year rise of 4.2% which was down by 1.2 percentage points in the year-on-year rise, accounting for 4.8% of all the investment.

    5. Sub-index of the floor space of newly started buildings. In this June, this index reached 103.36, down by 0.81 point over this May. In the first half of this year, the floor space of newly started buildings was 0.28 billion sq.m., a year-on-year rise of 15.2%, specifically speaking, that of new-started residential commercial buildings was 225 million sq.m., a year-on-year rise of 13.2%. Analyzed by region, the floor space of new-started buildings in the eastern region reached 160.54 million sq.m., a year-on-year rise of 15.5%, that in the central region was 55.57 million sq.m., a year-on-year rise of 26.1%; that in the western region was 64.25 million sq.m., a year-on-year rise of 6.6%.

    6. Sub-index of the floor space of vacant commercial buildings. In this June, this sub-index was 92.42, down by 0.6 point over this May. At the end of this June, the floor space of vacant commercial buildings nationwide reached 96.97 million sq.m., a year-on-year rise of 0.2% which was 5.1 percentage points lower over the first quarter. Especially, that of commercial houses vacant for over one year was 56.72 million sq.m., accounting for 58.5%. Analyzed by use, the floor space of residential buildings and office buildings dropped by 7.4% and 3.9% respectively; that of commercial business buildings still kept fast growing, a year-on-year rise of 21.3%. Analyzed by region, there were ten regions such as Tianjin, Hubei and Yunnan, where the floor space of vacant commercial buildings declined.