Sunday, December 18, 2011

funding further tensions

129667864523584142_538Analysts pointed out that large areas of price surge before the mass, four-quarter home prices fairly stable reporter limuzi Institute of industrial economics, CASS recently issued "China enterprise competitiveness report" shows that home prices will achieve stability for the whole of down. As of the end of June, listed real estate companies decreased significantly, some real estate EnterpriseDebt to asset ratio reached 71.27%, many small and medium-sized real estate enterprises face considerable difficulties.  Difficult and working capital financing slows, forcing real estate companies have to price-for, Schwalbe has gradually developed into a real fall in housing prices. Reports of the Academy of social sciences is expected, along with the deepening of industry regulation, regulation effects will become clear, funding further tensions, real estate openBusiness investment intentions fell, investment progress will be slow swtor credits, will also affect the growth of newly started building floor space. Report shows credit control policy clear, and domestic loan growth has fallen to low levels towards the 2008 regulation, self-financing rate continued to rise, become the focus of funding. In January-July this year, real estate development enterprise sources this year 478$ 5.2 billion, an increase of 23.1%, of which domestic loans 801.8 billion yuan, 50 billion dollars of foreign capital utilization, and enterprise self-finance reach 1.9293 trillion yuan. At present, the inventory cycle and total asset turnover continued to decline, and up to speed up down and 26.21%, respectively, and at the beginning of just 7.58% and 4 per cent drop.51%.  Difficult and working capital financing slows, forcing real estate companies have to price-for, Schwalbe has gradually developed into a real fall in housing prices. Located in Eastern Guangzhou country garden Phoenix City quietly without publicity, recently launched a new disk, only a down payment of the customer be notified sign up. Owners revealed that the price was just over 7,000 yuan/square meter, compared with previous salesFurther decline in sales prices.  Edge Instant sunshine House Agency data show that nearly half a year to amount to nearly 1500 Agency of Phoenix in Guangzhou topped the sales list, and his near half-year contract price is approximately 8,500 Yuan/square meter. Branches located in two buildings of the Shanghai Shang Jingyuan and qinglinjing price news. On November 18, Shanghai vanke Shang Jingyuan opening, In accordance with the data, as of Sunday was signed 77 set, average price per square metre of $ 11,976, which had the property actually sold for 15,000 yuan per square meter.  This calculation, reduction in 20%. Bring pick-up in trading volume price discounts. According to the last week (11.13-11.2) sold for a total of Shanghai Commercial residence 111400-square, rose 12.5%, though still less than year average weekly transaction 141,400 square meters of 80%, but has been sold for two weeks to pick up. Department of Zhongyuan real estate market research survey data show that per cent decrease in trading volume in the market in November for two consecutive weeks in Beijing at around 20%. The analysis said, "is expected in November monthlyBeijing commercial housing residential volume will continue to be below 5,000, trading volume continued to slump, Alice appears unlikely at the end of the end. December property transactions will still appear atrophy, and since inventory may be close to 130,000 units, price reduction will also continue to increase. "Analysts point out that large areas of price surge before the mass swtor power leveling, mainly before the developer 10 months sales performance and funds on hand and bank loans carried enough developers to end, lack of power of the decline in house prices. Now in this is just the price of Datong-Fangshan of dozens of houses, price remains high. Four quarters of this year prices relatively stable, not collapse.

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