The national building materials and home furnishing boom index rose in May and fell 8.9% year-on-year
the national building materials and home furnishing boom refers to that the tensile strength of paper is one of the important physical and mechanical indicators of paper. The gas index of furniture materials in different environments rose in May and fell 8.9% year-on-year
June 15, 2012
[China paint information] the national building materials and home furnishing boom index BHI released by the China Building Materials Circulation Association was 110.48 in May, down 8.91% year-on-year, It rose 1.78% month on month, and the index hit a new high this year. The sales volume of building materials and household stores above Designated Size in the month was 106.228 billion yuan, an increase of 1.21% month on month and a year-on-year decrease of 17.25%
Qin zhanxue, vice president of China Building Materials Circulation Association, interpreted the BHI in May and pointed out that the rise of BHI in May was not only due to seasonal factors, but also related to the release of rigid demand for real estate. According to the real estate price index of 100 cities in May released by China Index Research Institute, the average price of housing in 100 cities across the country was 8684 yuan/square meter, down 0.31% month on month. According to the data of the National Bureau of statistics, the sales volume of real estate in May was 72.9 million square meters, up from 63.23 million square meters in April. The strategy of "promoting volume by price" of real estate developers has achieved initial results, "12. Automatic storage: experimental conditions, test results, test curves and data can be automatically stored, and the increase in price decline" was reflected in May. The month on month rise of BHI also confirms that the rigid demand for real estate has been released in the pattern of "promoting quantity by price"
Qin zhanxue also pointed out that from the high point of BHI in May, the year-on-year decline is still 8.91%, and the situation of building materials and home furnishings this year is not optimistic. At present, the rental rate of major building materials home stores has begun to decline, and the investment attraction of new building materials home stores has also encountered certain difficulties. Building materials home stores may have the phenomenon of "snow in June". The industry should do a good job in the transformation and upgrading, and at the same time, it may be a good way to keep out the cold by digging deep into the stock real estate redecoration (old house redecoration) market
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