October home building materials anti-market growth

On the 15th, the National Building Materials Home Furnishing Index (hereinafter referred to as “BHI”), jointly issued by the Ministry of Commerce's Circulation Department and the China Building Materials Circulation Association, suddenly rose to 130.29 in October, a 9.47% increase from the previous quarter and a sharp increase of 7.52% year-on-year. %. This is the second highest since the publication of the prosperity index in March 2010, which is only lower than the 134.9 in May 2010.

Phenomenon: The second highest score of historical index For the sharp rise of BHI in October, in the words of Qin Zhanxue, vice president of the China Building Materials Circulation Association, it was "out of the ordinary, unexpected."

Since the beginning of this year, the entire building materials home industry has been in a state of recession, and the boom index has continued to hover at a low level. In January of this year, BHI even fell to the trough of 85.74. Since then, BHI has oscillated upward. However, it has never surpassed 120 in September, and suddenly jumped to more than 130 in October, reaching the second highest peak in history. Sales of building materials home stores also rose sharply in October. According to data released by the China Building Material Distribution Association, sales of building materials homes above designated size in October totaled 142 billion yuan, a substantial increase of 20.28% from the previous quarter. However, cumulative sales for January-October were 1,039.1 billion yuan, a decrease of 4.6% year-on-year.

Reason: The property market warmed down the downstream industry to benefit Qin Zhanxue said that in October the traditional peak season, the various stores to seize the last sales season to promote sales, but this is not the main reason for the sharp rise in BHI, the most important reason is that some properties "just needed" release . As the real estate downstream industry, with the improvement of the real estate market sentiment in the second half, building materials, home natural warmer. The abnormal increase in BHI in October was a good thing for the industry to pick up. However, Qin Zhanxue reminded at the same time: “What needs to be vigilant is the excessive increase in October BHI, whether it will overdraw several months after the purchasing power and popularity, which also need to observe, businesses and stores need to do a good job responding to the plan. In short, building materials home The industry's cold weather has not yet passed."