From January to December, the decline in investment and sales in the real estate market in Xuancheng City remained basically stable compared with the previous month.
First, the operation situation
(1) The area of new housing starts in urban areas has increased
From January to December 2023, the city and the city will complete 138 real estate investments respectively200 million yuan and 53500 million yuan, down 32 percent year-on-year3% and 308%；The construction area of commercial housing in the city and urban area is 13.7 million and 744 respectively20,000, down 23 year-on-year1% and 142%；The area of new housing starts in the city and urban areas was 15630,000 and 5780,000, down 278% and an increase of 72%；The completed area of commercial housing in the city and urban area is 152 respectively70,000 and 760,000, down 26 year-on-year respectively4% and 191%。
(2) The sales area of residential buildings in urban areas increased
From January to December 2023, the real estate sales area (commercial housing) at the city and municipal level will be completed by 15820,000 and 5530,000, down 338% and 35%；Among them, the sales area of commercial residential buildings was 1.46 million and 51 respectively90,000, down 31 year-on-year1% and an increase of 111%。
(3) The city approved an increase in pre-sold commercial housing
From January to December 2023, the pre-sale of commercial housing approved in the city and at the municipal level will be 2.47 million and 1.29 respectively50,000, a year-on-year increase of 6% and 23% respectively; Among them, 151 commercial residences were approved for pre-sale60,000 and 6230,000, a year-on-year increase of 122% and 196%。
(4) The proportion of the city's real estate loan balance is stable
From January to November 2023, the city and the urban area will achieve 25500 million yuan and 9200 million yuan, accounting for 20 percent of the total local tax revenue in the same period2% and 479%, accounting for 12 percent of the total local fiscal revenue in the same period9% and 316%；At the end of December, the balance of real estate loans in the city and urban areas was 710400 million yuan and 278700 million yuan, down 2 percent year-on-year6% and 25%, accounting for 25% of the balance of RMB loans in the same period2% and 279%, down 51% and 44%。
2. Market analysis
In 2023, the total transaction area of new commercial housing and stock housing in the city will be 33440,000, down 26%, the growth rate ranked 6th in the province, and the total market turnover remained stable. Taking the municipal level as an example, in 2023, there will be 3,607 pure commercial residences, 2,886 units will be sold, with a sales-to-supply ratio of 80% and an average sales price of 7,989 yuan, a year-on-year increase of 05%, the real estate market is stable and healthy. In 2024, our bureau will further explore the construction of a new model of real estate development based on the current situation of the city's population and stock housing, establish a new mechanism for the linkage of "people, housing, land and money", continuously meet the demand for rigid and improved housing, increase the attractiveness of housing for foreign population and talents, and promote the sustainable and healthy development of the real estate market in Xuancheng City.
*Xuancheng Housing and Urban-Rural Development Bureau**.