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Centennial construction weekly report: the cost has increased, and Guangdong concrete has moved forward with load (6.21-6.28)

Summary:

1、 Hot spots this week: 1. In May, the fiscal revenue decreased by 3.2% year on year, and the decrease of land sales revenue expanded to nearly 30%. The downturn in land transfer and the slow issuance of local government special bonds led to a continuous decline in government fund expenditure; 2. According to the report issued by Guangzhou Real Estate Agency Association on the 27th

1、 Hot spots this week: 1. In May, the fiscal revenue decreased by 3.2% year on year, and the decrease of land sales revenue expanded to nearly 30%. The downturn in land transfer and the slow issuance of local government special bonds led to a continuous decline in government fund expenditure; 2. According to the statistics released by Guangzhou Real Estate Agency Association on the 27th, thanks to a series of favorable policies, the number of online signings of second-hand housing in Guangzhou reached 10456 in June (from May 26 to June 25), a sharp increase of 33.40% month on month, and the number of transactions also hit a record since 2023

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