Institutions In 2023, the sales of sixty percent of real estate companies will drop by more than 20,

Mondo Technology Updated on 2024-02-23

Zhongxin Jingwei, February 23 **Zhuge Housing Data Research Center" released the 2023 real estate enterprise sales list on the 23rd, showing that the sales of 50 real estate companies last year were **16 year-on-year54%, the sales area increased year-on-year **2259%。

Zhuge Housing Data Research Center".

According to the 50 real estate companies selected by the Zhuge Data Research Center, there are 5 real estate companies with sales of more than 300 billion yuan in 2023, namely Poly Development, Vanke, China Overseas Land, China Resources Land, and Greentown China, with sales of 4,207 respectively0 billion yuan, 3755400 million yuan, 30980 billion yuan, 3070300 million yuan, 3010800 million yuan; China Merchants Shekou and Country Garden were respectively 2936300 million yuan, 2199800 million yuan in sales ranked among the top seven. In addition, the sales of Huahong Jiaxin and Bright Real Estate in 2023 will be less than 10 billion yuan.

Zhuge Research Institute said that year-on-year, only 11 of the 50 real estate companies will catch up with last year's sales in 2023, and the remaining 39 real estate companies will all decline in different ranges, with Jianye Real Estate, Lianfa Group, and Yuexiu Real Estate ranking among the top three in terms of sales growth. In addition, about sixty percent of real estate companies fell by more than 20%, including Rongxin Group, Jinke Shares, Huahong Jiaxin, R&F Properties, China SCE Group, Logan Group, Shimao Group 7 real estate companies fell more significantly, with a decline of more than 50%.

In addition, the sales amount of the above 50 real estate companies in 2023 will be 416 trillion yuan, 16 percent year-on-year54%;The sales area is 25 billion, a year-on-year increase of **2259%。It is expected that in 2024, the property market** will be further stabilized and repaired, and the sales performance of real estate companies may improve.

From the perspective of real estate companies in various sales camps, the 100 billion camp has "shrunk", and the number of real estate companies below 30 billion accounts for about 40%.

Zhuge Housing Data Research Center".

According to the Zhuge Research Institute, there are 7 real estate companies with sales of more than 200 billion yuan in 2023, including Poly Development, Vanke, China Overseas Land, China Resources Land, Greentown China, China Merchants Shekou, and Country Garden, a decrease of 1 from the same period last year, and the reduction is Longfor Group. There are 4 real estate companies with sales in the range of 1000-200 billion yuan, namely Longfor Group, Yuexiu Real Estate, Huafa Co., Ltd., and China Railway Construction, a decrease of 2 from last year. Real estate companies with sales of 500-100 billion yuan include 12 companies such as Xincheng Holdings and CIFI Holdings, a decrease of 4 from last year.

Nearly 40% of real estate companies with sales of less than 30 billion yuan, including Jinke Co., Ltd., New Hope Group, China SCE Group, etc., a total of 21, an increase of 12 from last year, and the sales performance and sales area have maintained a decline compared with last year.

Zhuge Research Institute also mentioned that from the year-on-year changes in the sales of various types of real estate enterprises, the advantages of state-owned enterprises in financing, construction and delivery capabilities, as well as long-term planning of enterprises, are also reflected in their sales performance. At the same time, the sales of private real estate enterprises are still in the recovery stage. The data shows that the sales of state-owned enterprises in 2023 will continue to decline by 3 compared with last year74%, the decline narrowed by 1143 percentage points; The sales of private enterprises fell year-on-year for three consecutive years, down 2811%, about 21 percent narrower than the same period last year31%。(Zhongxin Jingwei app).

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