The investment of China in the real estate increased during the first eight months of the year
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August 26th, 2008
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BEIJING, September 19 (XINHUA)–The investment in the real estate sector in China reached 1 427.7 billions of yuans during the first eight months of the year, either a rise of 29% in yearly slip, according to the Office of state of Statistics (BES).
On this total, 1 016.1 billion yuan correspond to the commercial real estate, on the increase of 30.9% and 44.9 billion yuan to the dwellings to moderate rent, on the increase of 28.8%.
At the end the month of August, China had 119 millions of m2 of available surface of offices, decreasing of 2% in relation to the previous year. During the first eight months, 162 millions of m2 of lands have been sold, on the increase of 15.3% according to the BES.
The indication of the real estate climate of China increased 104.48 points, on the increase of 0.48 points in relation to the past month and 1.17 points in relation to the past year.
The market is considered like being in overheating when the indication passes 100. The prices of the lodging bounded last month in spite of a wave of governmental measures. The prices of the m2 in 70 middle and big cities increased 8.2% in August in relation to the same period of the past year, either 0.7 point of percentage more than the rate of the month of July.
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