Zhitong Financial APP learned that on January 17, affected by the policy to help the property market or stabilizing the news, A-share real estate plate pulled up and rebounded. As of press release, Song du shares (600077.SH) rose by the limit, urban construction development (600266.SH), Wanye Enterprise (600641.SH), Shenfang A (000029.SZ), Zhongjiao Real Estate (000736.SZ), Zhongdi Investment (000609.SZ), Rongan Real Estate (000517.SZ) and other stocks rose.

On January 15, the house price data of 70 large and medium-sized cities of the National Bureau of Statistics were released! According to the house price data in December 2022, the number of cities with month-on-month decline in house prices increased, among which the number of second-hand cities with month-on-month decline reached 63. However, from the perspective of new housing prices, first-tier cities have stopped falling after falling for three months in a row. Industry insiders believe that first-tier cities have taken the lead in stopping the decline and stabilizing, indicating that the positive policies at both ends of supply and demand since the fourth quarter of last year have produced certain results. It is expected that demand-side policy strength is expected to increase in 2023, and the trading volume of hot cities may begin to stabilize and slowly pick up in the second quarter, and lead the cities around the metropolitan area to improve in the second half of the year.

Industry insiders believe that first-tier cities have taken the lead in stopping the decline and stabilizing, indicating that the positive policies at both ends of supply and demand since the fourth quarter of last year have produced certain results. It is expected that demand-side policy strength is expected to increase in 2023, and the trading volume of hot cities may begin to stabilize and slowly pick up in the second quarter, and lead the cities around the metropolitan area to improve in the second half of the year.

According to the latest data from the National Bureau of Statistics, in 2022, national investment in real estate development totaled 13.2895 trillion yuan, down 10.0 percent from the previous year, of which residential investment was 10.0646 trillion yuan, down 9.5 percent. In 2022, the housing construction area of real estate development enterprises was 9.04999 billion square meters, down 7.2 percent from the previous year. Of this total, the residential construction area was 6.39696 billion square meters, down 7.3 percent. The area of new housing starts was 1.20587 billion square meters, down 39.4 percent. Of this total, the new housing construction area was 881.35 million square meters, down 39.8%. The completed area of the house was 862.22 million square meters, down by 15.0%. Of this total, the completed residential area was 625.39 million square meters, down 14.3%. In 2022, the sales area of commercial housing was 1.35837 billion square meters, down 24.3 percent from the previous year, of which the sales area of residential buildings decreased by 26.8 percent. Sales of commercial housing totaled 13.3308 trillion yuan, down 26.7 percent, of which residential sales fell 28.3 percent.