Ji'nan's new home transaction area in March dropped nearly half of the same period, showing oversupply.

time:14-04-25 forum:
  Reprinted from the http://www.sd.xinhuanet.com/news/2014-04/24/c_1110382414.htm

Ji'nan Construction Department issued the new commercial housing market data in March, including 423432.75 square meters of residential transactions, down 48.32% from the same period.
according to the published data, the newly built commercial housing net signed an area of 423432.75 square meters in March, down 48.32% from the same year, but rose by 58.05% from the loop. The number of houses to terminate the contract is removed, and the total number of transactions is 3924 sets.
according to the situation of each district, Huaiyin District has the largest number of net signs, 1137 sets, with a total area of 119937.07 square meters. Followed by Licheng District, net signed 817 sets, net signed area of 88714.74 square meters. In addition, office building turnover of 15658.48 square meters, down 44.49%, down 8.52%, a total of 129 sets. Commercial space has reached 17647.71 square meters, up 7.05% compared to the same period last year, rising by 183.93% compared to the same period, and 202 transactions were completed.
from the supply and transaction situation in March, the overall situation is "oversupply". In March, the number of residential pre-sale packages was 4742 sets, the approved pre-sale area was 513960.43 square meters, and the total stock market increased by more than 800 sets.
from the price point of view, according to the figures of the National Bureau of statistics, the new commercial housing in Ji'nan rose by 0.4% in March, up 8.1% over the same period last year. According to the figures of the National Bureau of statistics, Ji'nan's new commercial residential units showed a downward trend in March.

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