Released by the Ministry of Land and Resources on the

Released by the Ministry of Land and Resources on the 17th in major cities nationwide land price monitoring report shows that the ring than a quarter of the national land prices, the growth rate continued to drop, the real estate the total supply of land for a substantial decline year-on-year upgrade of land for affordable housing accounting for the proportion of residential land.

The report said that last year, land, real estate market was cooling, and premium growth quarter by quarter slowdown in the land market of the first quarter of this year, continues this basic trend. Ring of the monitoring of urban land prices than further narrowing, an increase of residential land in the volume and price down, macroeconomic and regulatory policies on the land market is manifest.

National monitoring of urban land prices overall in the first quarter level of 3057 yuan square meters, growth of 0.26 percent, compared with the previous quarter, down 0.03 percentage points, the growth rate of five consecutive quarterly fall; an increase of 3.53% over the previous quarter, a decrease of 2.41 percentage points three consecutive quarters of depth down.

Monitoring of urban commercial services, residential and industrial land prices were 5705 yuan square meter 4516 yuan square meters and 654 yuan square meters; chain growth rates were 0.91% and -0.04%, 0.31%; year-on-year growth rates were 5.74%, 3.70%, 2.39%. China Land Surveying and Planning Institute of premium, director Zhao Song said, "you can see by the real estate control policy, national residential land prices increase in the chain from a positive into a negative one, since the second quarter of 2009, the first time in an overall decline."

A quarter, half of the monitoring of urban residential land price decline, almost a fifth of urban residential land price lower than the same period last year. The first quarter, the residential land price level chain for negative or zero growth in the city increased from 37 last quarter to this quarter of 58. The decline in the larger cities such as Wenzhou, Hangzhou. Quarter year-on-year negative growth of the city from 8 to 19 of the quarter, Wenzhou, Wuhu, Shenzhen, Hangzhou and other cities fell significantly.

Zhao Song, said the real estate market into the volume and price down, "the transition phase from the decline in value of stagnation. The first quarter of this year, the land market has been initially showed signs of volume and price down, ". Expected 2012 second quarter, market and strict tone is expected to remain the spread of commercial services and residential real estate land prices will enter a slow growth or negative growth period. At the same time, due to recent supply of industrial land in the proportion of structural increases, and some local governments exist "relaxed control" willingness, "to prevent the rebound of the market late, at the same time concerned that some funds in the housing market is cooling trend to occupy industrial land behavior ".