Zhongguang Wang BEIJING, April 17 message (Zhao Wei) Ministry of Land and Resources released 17 Chinese urban land price monitoring results and the land price index. The first quarter of 2012, the country premium ring continued to drop, year on year growth, negative growth in residential land prices, this is the first overall decline since the second quarter of 2009.
One quarter of China's residential land prices per square meter of 4516 yuan, a decline of 0.04 percent, an increase of only 3.70%. In general, an increase of less than five percent, it means that the land has entered a low period. Than the growth rate of zero growth of the city from the city, the first quarter, the premium ring 10 and 48 of negative growth, compared to last quarter monitoring results, negative growth in the city increased by 11. Fives in Wenzhou, Xinxiang, Liuzhou. China Land Surveying and Planning Institute of premium, director Zhao Song, land price decline is mainly affected by the control effects of the real estate.
Zhao Song: We think that the real estate market prices do not increase, driven by demand began to decline, resulting in developers not very strong desire, so the decline in land prices. Control policies of the real estate market is quite obvious, there is a lag in the land market, it reflects unlike the prices so quickly.
To judge the trend of late premium, Zhao Song that trend will continue for a quarter.
Zhao Song: the first quarter of this year, the land market has been initially showed signs of volume and price down ". Expected, second quarter 2012 market Yan tone expected will continue to Korean Layout spread, such as commercial services and residential real estate land prices will enter a slow growth or negative growth period.
The Land Department also released for the first time China's urban land price index. The land price index is the relative value of different periods of the price level. To the fixed base index, year-on-year index and ring than the index. In the past decade or so are just as internal control. But in the next month, Land Price Index will be released publicly. So people buy a house with land price index do not take a look at to determine the price trend
Fixed base index, also known as fixed index is used to describe a phenomenon of the development and changes over a longer period. China Land Surveying and Planning Vice President Zhou Jianchun, the land price index of fixed base index of 100 in 2000, from 2000 to 2011, the premium fixed base index has been rising over the years basically maintained at about 103-110, but in 2011 again callback.
Zhoujian Chun: 2011, land price index again high callback from 111 in 2010, dropped to 107 in Sony Parts Replacement 2011.
Because the land price index more than the volume and turnover reflect the urban land price fluctuations. Zhoujian Chun said, it can also help people to better determine the price trend.
Zhou Jianchun: for example, Beijing's housing prices fell, but in fact fall Tongzhou, within the Second Ring Third Ring Road, the index would not accurately reflect better able to help people determine the price trend. 2000 fixed base index is 100, as long as above 100 on the description of land prices going up. But when, will depend on the judgment of the market.
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