China National Building Materials Home Furnishing Index Falls Again in June

Recently, it was learned from the China Building Material Distribution Association that the national building materials index (BHI) in June was 105.73, a decrease of 3.80 points month-on-month. The sales volume of building materials homes above the national scale was 102.44 billion yuan in June, a decrease of 6.15% from the previous period.

Qin Zhanxue, executive vice president of the China Building Materials Distribution Association, said that in June, the nationwide building materials home market continued to be weak in May. The BHI index was lower than that of the Xiaofeng peak in May. The sales of building materials homes above the national scale showed the Spring Festival of 2014. After the first year-on-year and quarter-on-quarter declines, the closeness and lag in the impact of the real estate market on the building materials home market were reflected. As of the end of June, real estate inventories in major cities nationwide continued to climb. Multi-site inventories were close to the highest level since 2010. “Destocking” remains the main tone of the market in the second half of the year, and the building materials industry may still be weak for a long time.

"The nationwide building materials home store's gold absorption effect has become stronger, better and worse, worse." Qin Zhanxue said that the industry reshuffle will occur at any time, it is recommended that enterprises comply with the development of the real estate industry, using information technology to promote building materials home Market transformation and upgrading, so as to get out of the "no promotion, no sales" marketing dilemma.