No Data
The real estate sector has two consecutive surges, the China Southern CSI All Share Real Estate ETF and the real estate ETF rose by 2%.
Reducing inventory of existing homes is one of the main focuses of current real estate policies.
The central government supports the real estate industry to accelerate destocking and the industry will rebound significantly with multiple supports.
Recently, the real estate industry has gradually shown bullish signals, providing logical support for a new round of real estate cycle.
GTJA: Real estate industry still focused on destocking, suggesting balanced allocation.
GTJA Securities released a research report stating that from January to July 2024, the scale of land acquisition by real estate companies continued to shrink significantly year-on-year, reflecting a further increase in the concentration of central and state-owned enterprises.
China Index Academy: From January to July, the total amount of land acquired by the top 100 real estate enterprises nationwide was 430.71 billion yuan, a year-on-year decrease of 38.0%.
On August 1st, Zhongzhi Research Institute released a document stating that from January to July 2024, the total land acquisition of the TOP100 enterprises was 430.71 billion yuan, a year-on-year decrease of 38.0%, which continued to increase by 2.2 percentage points compared to the decline from January to June.
Hong Kong Stock Concept Tracking | Official Document! Promote New Urbanization Construction, Top Real Estate Enterprises Expected to Benefit First (with Concept Stocks)
The State Council recently issued the "Five-year Action Plan for Deepening the Implementation of the People-oriented New Urbanization Strategy".
Ke Rui: Total demand for housing in the first half of the year continued to shrink, and the total volume of transactions in primary and secondary housing decreased by 22% year-on-year.
On July 29th, Ke Research released a statement stating that in the first half of 2024, the real estate market will continue to undergo deep adjustments, with a continuous contraction in the total demand for housing and a year-on-year decrease of 22% and a decrease of 7% compared to the previous period in the total volume of transactions for both new and existing homes.
No Data
