Real estate 2015

2. Sales of commercial buildings

In 2015, the floor space of commercial buildings sold stood at 1.28 billion square meters, a year-on-year increase of 6.5 percent, and a decrease of 0.9 percentage points over the first eleven months. The floor space of residential buildings increased 6.9 percent, office building space increased 16.2 percent, and buildings for business use increased 1.9 percent. The sales of commercial buildings amounted to 8.73 billion yuan, an increase of 14.4 percent, and a rate decline of 1.2 percentage points. Specifically, the sales of residential buildings went up by 16.6 percent, office buildings were up by 26.9 percent, and buildings for commercial businesses were down by 0.7 percent.

In 2015, the sale of floor space of commercial buildings in eastern regions amounted to 555.09 million square meters, a year-on-year increase of 13.3 percent, down by 1.6 percentage points over the first eleven months. The amount of sales stood at 4,99 tillion yuan, an increase of 23.1 percent and a rate  decrease of 2.0 percentage points. The sale of floor space of commercial buildings in central regions amounted to 324.09 million square meters, up by 8.9 percent and a rate decrease of 1.4 percentage points. The amount of sales stood at 1,64 trillion yuan, an increase of 12.5 percent and a rate decrease of 1.1 percent. The sale of floor space of commercial buildings in western regions amounted to 331.73 million square meters, an increase of 3.4 percent and a rate decrease of 0.4 percentage points. The amount of sales stood at 1,67 trillion yuan, up by 5.0 percent, and a rate decrease of 0.5 percentage points. The sale of floor space of commercial buildings in northeastern regions amounted to 74.05 million square meters, a decrease of 24.5 percent, and the pace of decline widened by 0.2 percentage points. The amount of sales stood at 409.9 billion yuan, a falling off of 19.8 percent, and the pace of decline was consistent with the first eleven months.

At the end of 2015, the floor space of commercial housing for sale reached 718.53 million square meters, an increase of 22.17 million square meters compared with that at the end of November. Residential buildings for sale increased by 11.55 million square meters, office buildings increased 1.28 million square meters, and buildings for business use increased 4.58 million square meters.