China Securities Network News (reporter Peng Yang and Zhao Bai Zhinan) Zou LAN, director of the financial market department of the people's Bank of China, said at the press conference of financial statistics in the first quarter of 2022 on April 14 that compared with the fourth quarter of last year, the average monthly increase of national real estate development loans in the first quarter of this year was about 150 billion yuan. Compared with the scale of new houses under construction in the same period, the balance of development loans was also at a high level.
Zou Lan said that real estate loans are mainly composed of personal housing loans and real estate development loans. Personal housing loans are directly related to real estate transactions. For example, the ratio between the amount of individual housing loans for new houses and the sales of new commercial houses has always fluctuated between 38% and 42% from a long-term observation. Affected by the recent frequent outbreak of the epidemic, the decline in the income of some residents, the obstruction of real estate construction marketing activities and other factors, the sales of commercial housing declined, and the amount of individual housing loans also fell slightly. In addition, with the increasing balance of individual housing loans, the monthly repayment amount is also gradually increasing.
"At the end of March, the balance of individual housing loans nationwide was 38.8 trillion yuan, a year-on-year increase of 8.9%. Although it was observed that the ratio of new housing loans to new housing sales was still at a historically high level, the year-on-year growth rate of the balance was 2.3 percentage points lower than that at the end of last year." Zou LAN introduced.
From the perspective of real estate development loans, Zou LAN introduced that after Evergrande's risk became explicit, financial institutions had a short-term stress response. The people's Bank of China actively guided commercial banks to pay more attention to the repayment ability of the construction project itself, maintain the stable investment of development loans, and meet the reasonable financing needs of real estate construction projects. Compared with the fourth quarter of last year, the average monthly increase of national real estate development loans in the first quarter of this year was about 150 billion yuan. Compared with the scale of new houses under construction in the same period, the balance of development loans was also at a high level.
