Last year, land sales revenue was nearly 4.2 trillion

In 2018, the overall turnover of China’s land market stabilized, and indicators such as premium rate and floor price fell back. The signs of fever in the cities were obvious.

According to data released by the China Index Academy yesterday, in 2018, the total income of land transfer in 300 cities nationwide was 4,177.3 billion yuan (RMB, the same below), an increase of 2% year-on-year. Affected by the continuous deepening of local regulatory policies, the price of land prices in various cities in the same year was frequent, and the proportion of residential land transfer fees fell to 81%.