Cities in the first and second tiers account for over 80%

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This post was last edited by Thank goodness you're here on 2016-1-6 at 14:44. According to the \"List of Chinese Real Estate Companies with Sales Reaching 10 Billion Yuan in 2015\" released by the China Index Academy, the number of real estate companies that achieved sales of 10 billion yuan in 2015 increased to 104, an increase of 24 compared to 2014. The total sales amount reached 3.5 trillion yuan, and these companies accounted for over 40% of the market share. The number of companies with sales exceeding 200 billion yuan increased to 3. 　　In its analysis report, the China Index Academy believes that the increase in sales figures for these real estate companies is mainly due to their ability to effectively take advantage of structural opportunities in the market through flexible sales strategies. In the report, the China Index Academy analyzes that, within the context of reducing inventory levels, real estate companies with sales volumes in the tens of billions still focused on offering properties of 140 square meters or less in 2015, in order to facilitate rapid sales and ensure stable growth in sales performance. The source of these sales remained the key first- and second-tier cities where housing demand is high; these cities accounted for 84.4% of total sales. 　　Research by the China Index Academy shows that these real estate companies with sales of 10 billion yuan each also seized the opportunity presented by the surge in demand for improved housing, focusing on the high-end property market in first-tier cities. In the sales structure of real estate companies with sales volumes in the tens of billions, products with floor areas of over 200 square meters in first-tier cities accounted for 29.2% of total sales, representing a 2.3 percentage point increase compared to the previous year. 　　These real estate companies, which achieved sales volumes of 10 billion yuan in 2015, focus first on clearing their inventory in third- and fourth-tier cities. In these cities, they prioritize the sale of products intended for first-time home purchases or renovations; products with sizes ranging from 90 to 140 square meters, which are primarily used for such purposes, have become a key focus for these companies in clearing inventory in those cities. The proportion of sales from such products increased by 3.7 percentage points and 2.4 percentage points respectively.