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标题: Double Checking China's Housing Price Data [打印本页]

作者: Jem_B    时间: 2012-3-23 13:09
标题: Double Checking China's Housing Price Data
Double Checking China's Housing Price Data


Is China’s notoriously unreliable house price data swinging into line with reality?

The latest numbers from the National Bureau of Statistics show average house prices in February up just 0.2% compared to a year ago, and falling 0.1% month-to-month, the fifth month-to-month fall in a row.

A look at the prices from China’s top developers, though, suggests that the official data might still be missing some of the ups and downs. Take giant China Overseas Land & Investment. Their 2011 report came out last week and showed average prices at around 12,900 yuan per square meter, up about 18% compared to 2010.

Looking at three of China’s biggest developers China Vanke, China Overseas and Evergrande Real Estate average prices increased around 8% in 2011, with only Vanke bucking the trend toward rising prices. Notably, those rises came on the back of even sharper price increases in 2010. Average prices for the three developers increased 25% in 2010, in spite of government efforts to make housing more affordable.

Based on the official data, prices at the end of 2011 were around 14% higher than at the beginning of 2010, when Beijing made housing affordability a top priority. With urban incomes rising 23% over the same period, the government would appear to have accomplished its mission. But based on the data from the three developers average prices have increased 35% over the last two years outpacing the increase in incomes and pushing the dream of buying a home further out of reach.

Speaking at the National People’s Congress last week, Premier Wen Jiabao said that China’s house prices are still “far from reasonable.” On the evidence of still rising prices at China’s largest developers, he is right. That suggests a prolonged period before the government removes its controls on the sector.

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作者: fairykk    时间: 2012-3-25 08:23
抢沙发!!!
作者: 玉米    时间: 2012-3-26 05:29
:P呀呀
作者: 白菜土    时间: 2012-5-3 21:37
沙发            
作者: vertune    时间: 2015-7-11 22:09
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作者: 大颗颗    时间: 2015-8-24 19:53
far from reasonable
作者: iglpj    时间: 2015-9-11 03:48
看的人少,回一下
作者: Martine    时间: 2015-9-15 10:02
house prices --notoriously unreliable
作者: yifeilyf    时间: 2015-10-27 13:15
谢谢LZ,好帖啊。
作者: feilia557    时间: 2016-5-14 21:26
真精神!!!!!!
作者: 中山陵夫子庙    时间: 2016-10-16 16:00
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作者: 一杯甜咖啡    时间: 2016-11-28 12:27
鼓励一下,帖子非常好
作者: snoopy    时间: 2016-12-4 15:31
:loveliness:
作者: ANNS    时间: 2017-1-21 17:07
GOT IT




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