Real estate 2020

2. Sales of commercial buildings

From January to September, the sales area of commercial housing was 1,170.73 million square meters, a year-on-year decrease of 1.8 percent, 1.5 percentage points narrower than that from January to August. Among them, the sales area of residential buildings decreased by 1.0 percent, the sales area of office buildings decreased by 16.5 percent, and the sales area of commercial and business buildings decreased by 15.3 percent. The sales volume of commercial housing was 11,564.7 billion yuan, an increase of 3.7 percent and an increase of 2.1 percentage points. Among them, the sales of residential buildings increased by 6.2 percent, the sales of office buildings decreased by 15.7 percent, and the sales of commercial buildings decreased by 17.1 percent.

From January to September, the sales area of commercial housing in the eastern region was 480.75 million square meters, with a year-on-year increase of 2.2 percent, 1.4 percentage points higher than that from January to August; the sales volume was 6,442.4 billion yuan, an increase of 8.9 percent, and a growth rate of 2.3 percentage points. The sales area of commercial housing in central China was 314.59 million square meters, a decrease of 7.0 percent, and a decrease rate of 1.5 percentage points; the sales volume was 2,289 billion yuan, a decrease of 5.7 percent, a decline rate of 2.1 percentage points. The sales area of commercial housing in the western region was 326.87 million square meters, a decrease of 1.0 percent, and a decline rate of 1.7 percentage points; the sales volume was 2,428.6 billion yuan, an increase of 2.1 percent, and a growth rate of 1.8 percentage points. The sales area of commercial housing in northeast China was 48.52 million square meters, a decrease of 8.9 percent, and a decrease rate of 1.3 percentage points; the sales volume was 404.6 billion yuan, a decrease of 5.0 percent, a decline rate of 0.8 percentage point.

At the end of September, the area of commercial housing for sale was 495.81 million square meters, 4.71 million square meters less than that at the end of August. Among them, the area for sale of residential buildings decreased by 4.19 million square meters, that of office buildings decreased by 150 thousand square meters, and that of commercial business buildings decreased by 620 thousand square meters.