The average price of the first half of Chinese architecture is broken

China Building (601668) today announced the first half of the operating data, although April real estate began to regulate, but according to the company published data estimates, China's first half of 2010 sales of commercial housing prices still exceed 10,000 yuan/square meters mark. As a listed company with the largest land reserve, the selling price of commercial housing in China has certain reference significance to domestic house prices.　　According to China's Building disclosure data, the first half of this year, the company's real estate industry cumulative sales area of 2.63 million square meters, down 15.1% year-on-year, the real estate sales of 26.9 billion yuan, an increase of 7.5%; In fact, since entering 2010, the average price of commercial housing per square metre in China and the mainland housing market hot and cold state maintain a high degree of agreement. According to the announcement of Chinese architecture, 2010 1 to March, China's building real estate sales average price is higher than 10,000 yuan per square meter level, of which February about 11,800 yuan per square meter, the highest in the first half.　　And from the "Country 10" real estate announced the beginning of April, the Chinese construction of a single monthly average price began to decline significantly, May or even fell to 7234 yuan/square meters of the first half of the trough, but in June, the sales price has rebounded. From the sales scale, this March sales area reached 590,000 square meters, is the first half of the peak, and the new deal announced in April-June, sales area of 500,000, 470,000 and 520,000 square meters respectively.　　China's construction figures show the decline in sales is not significant, compared with a sharp contraction in market volume after the new Deal. At the same time, China's construction up to the end of June 2010 of land reserves of about 48.12 million square meters, of which 2010 added 3.04 million square meters. In the first 2 months of this year, China's construction has completed the new land reserve 2.81 million square meters compared to the company's March-June pace significantly slowed.