China housing boom index picks up in March

Data from the National Bureau of Statistics show that the June China Real Estate Development index was 96.55, up 0.61 points higher than last month.　　The National Real Estate Development Index experienced a 16-month consecutive chain (compared to last month) after the decline, starting from April this year, has been a small rebound for 3 consecutive months, the rebound is 0.02 points, 1.18 points and 0.61 points in turn. Statistics show that the national Real estate development investment and commercial housing sales area is accelerating trend.　　From 1 to June, China's real estate development investment grew 9.9% year-on-year, increasing by 3.1% from 1 to May, and commercial housing sales grew by 31.7%, increasing by 6.2%. The new construction area and the land purchase area decreased.　　From 1 to June, the new construction area of the national housing fell 10.4% Year-on-year, reducing by 5.8% from 1 to May, real estate development enterprises to complete land acquisition area fell 26.5%, reduced by 2.1%. Previously released data show that the country's 70 large and medium-sized housing sales prices have been a small increase in the chain for 4 consecutive months. (according to Xinhua news Agency)