National Bureau of Statistics responds to the frequent appearance of high-priced land

In March, the national economy continued to operate smoothly and make progress this year. Positive factors continued to accumulate. However, the international environment remained complex and severe, and the pain of domestic structural adjustment continued. There is still downward pressure on the economy. Regarding the issue of real estate investment, Sheng Laiyun cited three data: The first data is the growth rate of real estate investment - month-on-month real estate investment increased by % year-on-year - month-on-month decline. The second data is the land purchase area - month-on-month decrease year-on-year. % Although the decline is somewhat narrower than last month, it is still declining. The area of real estate land purchased continues to decline after a sharp decline of about % last year. This shows that real estate developers are generally cautious in acquiring land. The third data is land transactions. Price - The monthly land transaction price increased by .% year-on-year. This rate is lower than that of real estate investment.
These three data show that nationally speaking, real estate investment is still relatively cautious and there is no particular overheating situation. Sheng Laiyun said that of course, the phenomenon of land kings in real estate does need to be paid attention to. Some land kings will have a demonstration effect on local city housing prices after they emerge, which requires great attention.
Regarding the trend of housing prices, Sheng Laiyun said that real estate has now entered a stage of differentiation and adjustment. Since the real estate inventory in second- and third-tier cities, especially third- and fourth-tier cities, is relatively large, the rebound and recovery of housing prices ultimately depends on market supply and demand. Generally speaking, future housing price trends are likely to continue this differentiated trend.
Real estate is a very special commodity with strong regional characteristics. Regarding real estate regulation, the government advocates taking measures according to local conditions and city-specific policies. We believe that through such adjustment and structural optimization, China's real estate market will become increasingly healthy. .