At the end of last year, most new commercial housing was not renovated

BHI index shows that the housing investment demand is higher than expected Cao Kai real estate industry speculation in the end, it has been difficult to statistics, the relevant departments are also controversial data. China Building Materials Circulation Association recently launched a quantitative real estate "rigid demand" index, the National Building Materials Home Prosperity Index (BHI).　　The latest BHI data suggest that a sizeable proportion of the new purchases of commercial housing at the end of last year was investment demand. "If the April bhi interpretation of real estate 4 months ago, will come to a very terrible conclusion." "China Building Materials Circulation Association, Vice President Qin Jinku told the first financial daily, last December, the National commercial housing sales area of 185.1 million square meters, and November only 88.34 million square meters, the chain growth of 209.5%, but this April bhi purchasing power Index only increased 48.3%," This shows that most of the commercial housing purchased at the end of last year are not decorated and used, and more is ' investment demand '.　　According to Qin Jinku, building materials home industry performance to lag in the performance of real estate for about 3-4 months, excluding last December housing sales area of the auction house, can generally reflect the market "rigid demand", that is, can indirectly reflect the "investment demand."　　Last month, according to the central bank's Department of Business Management published in the first quarter of 2010, Beijing Urban residents of the survey, investment in residential households accounted for 23.1%. After the release of the data, it was widely accepted that investment in property was far more than 23.1%.　　Real estate agency Beijing Zhongyuan Real Estate three market research department subsequently released survey data showed that in March this year, the proportion of home buyers reached 41.2% for the first time, more than last year's hottest market 11 ~ December.　　But if according to the BHI index, the investment demand of the house buyers, probably more than the Beijing Zhongyuan real estate release. In March this year, China's Building Materials Circulation Association launched China's first macroeconomic index reflecting the market trend of building materials home industry bhi.　　BHI is based on the national typical building materials home market statistics compiled by the building Materials home market sentiment index, purchasing power Index, Sales ability Index, employment index weighted. "Bought the house must be decorated, BHI reflects the national main building materials Home store boom."　　Qin Jinku explained. China Building Materials Circulation Association March will be set for the index 100, April index of 112.7, the chain growth of 12.7%. "This shows that the ' rigid demand ' for residents to buy and improve housing is increasing, and of course, the BHI4 month's big increase also has a quarter of the end of the season."　　"China Building Materials Circulation Association president Meng told this newspaper.　　Although the April bhi in the rise, but constitute bhi one of the building materials Home "popularity index" is the chain down 28.38%. This shows that the real estate new deal to the downstream industry demand shocks, in the building materials furniture industry has quickly emerged. According to the latest statistics, removal of policy room, Beijing commercial housing in the one months after the new deal, only 6846 sets, compared with the same period in 2009 14663 sets, the decline reached 53.3%. "The popularity index is a leading index, and its decline means that the BHI growth in May has declined or even slipped." Meng said, "from the current real estate regulation policy, this is very likely." ”