January-July Shanghai commercial housing sales fell nearly 50%

Reporter Zhang Jun lan a few days ago, the Shanghai Bureau of Statistics announced the January-July City real Estate basic situation. Data show that from January to July, the Shanghai commercial Housing sales area of 11.0408 million square meters, the year-on-year decline of 42.1%. One of the commercial residential sales area of 9.1054 million square meters, the year-on-year decline of 48%.　　The industry's general analysis, commercial housing sales area of the big drop is the national Real estate control policy caused by the result. Statistics show that in January-July, the city's commercial housing completed an area of 7.7133 million square meters, down 30.9%, of which the completion of commercial housing area of 5.5141 million square meters, the year-on-year decline of 33.6%. On the other hand, Shanghai commercial housing New start area of 16.3991 million square meters, an increase of 25.6%, of which the new commercial housing area of 11.6072 million square meters, an increase of 30.3%. Investment in real estate development in Shanghai is still growing. From January to July, Shanghai Real estate development investment 104.808 billion yuan, growth 34.9% compared with the same period last year.