In the first half of the year, the transaction volume of 100 % of the land in the country has shrunk by 50 % of the transaction scale of 1130 billion yuan

With the gradual relaxation of the land purchase and purchase policy in various places, the land market is getting out of the bottom space.

The "Hundred Cities Land Transaction Reports" recently released by the Shanghai Yiju Real Estate Research Institute shows that in June, the number of land in 100 cities in the country (including pure residential, commercial and residential, commercial land) transactions was 959, and the month -on -month growth rate was 63%. The year-on-year growth rate was -28%; the transaction area was 701 million square meters, a month-on-month growth rate of 104%, and the year-on-year growth rate was -43%; It is -33%.

The report pointed out that a small peak of trading in June is related to the concentrated transaction market. Even if the data has risen, the year -on -year trading data in June is still weak. On the other hand, we must recognize the great pressure of the land market. Judging from the willingness of housing enterprises and the structure of land acquisition, especially private housing companies, the willingness to get land is still not strong.

In addition, from the perspective of the land trading market of 100 cities across the country in the first half of this year, it has evolved along the path of "falling into the trough-slight recovery". Although some cities have shown signs of recovery in the near future, and the enthusiasm of some housing companies has improved, most of the recovery of the capacity of private enterprises is an important factor in the recovery of the inheritance of the land market in the future.

The current land market is not high, and the level of premium rate is still low.

Specifically, in terms of land transaction premium rate, with the intensive launch of high -quality plots in June, compared with the 2%premium rate in May in May. The report shows that in June, the premium rate of land transactions in 100 cities across the country was 4%. Compared with the 13%premium data data in the same period last year, the premium rate is still low, which also shows that the current land market is not high.

From the perspective of urban classification, the land trading market in first- and second -tier cities is significantly better than third -tier and fourth -tier cities. The stimulation of the land market across the country is more important than key cities in the first and second -tier tier, and the performance of third- and fourth -tier cities is average.

According to the report, the number of land transactions in 37 first and second-tier cities in June was 449, with a year-on-May growth rate of 104%, a year-on-year growth rate of -27%; the transaction building area was 39.13 million square meters. The growth rate was 176%, a year-on-year growth rate of -47%; the transaction value was 307.5 billion yuan, and the growth rate of May was 188%month-on-month, and the growth rate of June last year was -26%.

The number of land transactions in 63 third-tier and fourth-tier cities was 510, with a growth rate of 38%from the month of May, and a year-on-year growth rate of -29%; the transaction building area was 30.88 million square meters, and the growth rate of May was 54 month-on-May. %, A year-on-year growth rate of -36%; the transaction value was 94.1 billion yuan, the growth rate of May was 58%, and the growth rate of June last year was -48%.

The E -House Research Institute pointed out that the third and fourth -tier cities that are included in the statistical scope are generally cities with obvious economic development or obvious advantages of economic development, while other third -tier and fourth -tier cities are under pressure. In this regard, we must fully recognize the pressure of land markets in third- and fourth -tier cities, and also require subsequent land markets to stimulate such cities.

In the first half of the year, the scale of the land transaction of 100 cities shrinks by 50 %

From the perspective of the land market transaction in the first half of the year, the scale has shrunk severely and still faces greater pressure.

The report shows that in the first half of this year, the land transaction amount of 100 cities across the country was 1130 billion yuan, a decrease of 55%compared to the same period last year. Even compared with the second half of last year, it fell by 50 %.

Specifically, in the first half of the year, in the first half of the cities, in the first and second -tier cities, the three cities in Hangzhou, Shanghai and Ningbo ranked among the top three land transactions. The transaction amount was: 142.6 billion yuan, 107.8 billion yuan and 62.8 billion yuan.

Although Hangzhou's largest land transaction in the first half of the year, compared with last year, its transaction volume still decreased by 26%, Shanghai and Ningbo's growth rates decreased by 17%and 22%respectively. Among the top ten cities in the first and second -tier land transactions, only the land transactions in the two cities of Hefei and Shenzhen have performed well, and their year -on -year growth rate reached 37%and 36%, respectively.

In addition, from the perspective of third- and fourth -tier cities, cities with a large scale of land transactions are generally in the Yangtze River Delta cities, but such cities also show a large degree of decline. It is worth noting that Yancheng, which has decreased by 80 % compared with the same period last year.

It is expected that there will be active space in the Baicheng land market in the second half of the year

In fact, in the process of investment decision -making in the first half of this year, real estate companies are generally facing liquidity tensions. The slow market recovery process makes sales pressure, and at the same time, most housing companies have ushered in the peak of debt repayment, resulting in lack of confidence in real estate companies.

In the current market environment, enterprises need to consider multiple factors in the process of investment decision -making, which also puts forward higher requirements for housing companies.

In this regard, the Yiju Research Institute suggested that localities need to continue to optimize the land purchase rules to continuously reduce the threshold for land acquisition of housing companies and encourage the active of the land trading market. From the actual process, with the gradual recovery of the housing sales market and the improvement of the status of housing enterprises in place, it is expected that there will be an active foundation and space in the 100 city land market in the second half of the year.

Responsible editor: Shi Jian | Audit: Li Zhen | Director: Wan Junwei

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