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On July 15, 2021, the National Bureau of Statistics released six sets of data on the development of our real estate industry from January to June 2021.

The real estate industry is the upstream industry of the furniture industry. You have to buy furniture if you have a family, and you can buy furniture if you have a family.

The current situation in the industry is that many real estate companies have become major customers of furniture companies. They purchase and install furniture in advance during the housing construction stage, which greatly advances the furniture sales process.

The real estate industry and the furniture industry are getting closer.

These six sets of basic data on the real estate industry will have a significant impact on the development of the furniture industry in the second half of this year and even next year.

(1) The investment in real estate development was 7,217.9 billion yuan, a year-on-year increase of 15.0%;

Among them, the investment in residential development was 5,424.4 billion yuan, a year-on-year increase of 17.0%.

(2) The construction area of houses was 8,732.51 million square meters, a year-on-year increase of 10.2%;

Among them: residential construction area was 6,174.8 million square meters, an increase of 10.5% year-on-year.

(3) Floor space of houses newly started (1,012.88 million square meters), a year-on-year increase of 3.8%;

Among them: the newly started residential area was 755.15 million square meters, an increase of 5.5% year-on-year.

(4) The completed area of houses was 36.81 million square meters, a year-on-year increase of 25.7%;

Among them: the completed residential area was 262.54 million square meters, a year-on-year increase of 27.0%.

(5) The sales area of commercial housing was 886.35 million square meters, a year-on-year increase of 27.7%;

Among them: residential sales area of 790.81 million square meters, a year-on-year increase of 29.4%.

(6) The sales of commercial housing was 9293.1 billion yuan, a year-on-year increase of 38.9%;

Among them: residential sales were 8463.3 billion yuan, a year-on-year increase of 41.9%.

Six sets of data show that real estate investment is growing, and the area under construction and new construction has not decreased, but the growth of new construction is weak, indicating that the long-term market demand may decrease.

The area of completed housing has increased significantly, indicating that the short-term market growth is expected to increase substantially.

The substantial increase in sales area and the increase in completed area confirm each other, and the sales speed is even faster than the completion speed, indicating that sales are booming.

The largest increase in sales indicates that house prices are generally rising, residents have strong purchasing power and strong desire to buy.

Some economists have analyzed that the current consumption growth is relatively weak, and residents have a tendency to reduce their desire to consume and focus on saving. This is related to the fact that the people have not eliminated the new crown epidemic in the world and stored their disaster prevention psychology. If the epidemic improves in the future, consumption is expected to increase. Vibrate.

At present, the epidemic is repeated overseas and it is difficult to eradicate. The domestic epidemic alarm is often sounded, and its impact on the long-term development of the furniture industry is complicated and unpredictable.