If I say that the real estate industry is okay now, would you believe it?
First, in terms of transaction scale, the real estate industry is still in a pillar position.
In 2022, the national real estate development investment will be 132895 billion yuan;The sales area of commercial housing is 135837 million square meters;The sales of commercial buildings were 133308 billion yuan. The data for 2023 has not yet been seen, and the sales amount of commercial housing should be more than 10 trillion.
So out of all the industries, which industry will have a size of more than 10 trillion?
In 2022, the sales revenue of China's automobile manufacturing industry will be 92899900 million yuan, a year-on-year increase of 714%。The industrial composition of the automobile manufacturing industry mainly includes automobile manufacturing, parts manufacturing and related service industries. However, the real estate industry does not include property services and other services.
Therefore, compared with other industries, real estate is still in a pillar position, and its transaction volume is still very large, and it is too early to conclude that the real estate industry is not good.
Second, it is an indisputable fact that the real estate industry is at a low ebb.
But I have to say that compared with its peak, the current real estate industry is at a low point of development, is a bit downhill, but it is not just the beginning, the country has been adjusting the policy since 2017, but the policy effect will lag behind the promulgation of the policy. In 2023, I suddenly felt that it could not be done, mainly due to the continuous pressure of policies, the decline in customer confidence in buying houses, the control of financial policies, and the uncontrolled blind expansion of developers in the early stage.
3. For a long time to come, real estate will still be the pillar of the national economy.
At present, the stock of the real estate market in the country is about 500-60 billion yuan, so the renewal of these houses and the new construction after some elimination every year will support the sustainable development of the real estate industry, but it will not be the current extensive development model, but the need for more distinctive and professional development. The real estate industry will slowly transform from an engine of economic development to a reservoir of economic development, and real estate will continue to work in the future.