Reported 12 months ago
As of June 29, 2024, the total land acquisition amount for the top 100 real estate firms in mainland China continued to decline by 35.8% annually during the first half of the year. The real estate market remains challenging with a significant reduction in land acquisition, varying land auction conditions, and a trend towards cautious land purchases. Major cities like Shanghai are adjusting their land auction policies, showing improved efficiency in land resource allocation. The top three firms with the highest added value in the first half of the year were also highlighted, indicating changes in market dynamics amidst evolving government policies.
Source: YAHOO