Housing market warms up, building materials prices fall; multiple factors bring peak home decoration season

by qxing0001 on 2009-06-12 15:48:10

According to the report of Building Materials Information Network (http://www.jiancaixinxi.net/), as May begins, the home decoration industry starts to heat up and online renovation information also increases accordingly. According to statistics from 58.com, the volume of decoration-related information on the website grew rapidly in May, increasing by 23% compared to April, with over a thousand entries per day. In the recommended brand section of the Building Materials Information Network, the number of advertisers in the decoration channel has significantly increased compared to last month.

Recently, a reporter interviewed one of the responsible persons of an advertiser in this channel. He introduced: "The home decoration industry is mainly influenced by two factors: real estate and building materials. From after the Spring Festival to the end of April, the real estate market welcomed a 'mini spring', taking Beijing as an example, the sales area of houses increased more than doubled compared to the same period last year; while recently, the price of building materials has dropped significantly compared to last year. The decline ranges from 3% to 15%, for instance, the price of ordinary flat glass in the Beijing market in April was 56 yuan per box, which fell by about 8 yuan compared to last year. The recovery of the real estate market and the drop in building material prices have directly led to the warming up of the home decoration industry. The previous 'Qingming' and 'May Day' holidays promoted a significant increase in our company's business, with the contract volume in May increasing by nearly 40% compared to last month."

He added that the warming up of the home decoration industry is not only affected by the recovery of the real estate market and the fall in building material prices, but also by some traditional factors. October is the traditional wedding season, and couples who choose to start renovations in May can roughly complete them in August, allowing for two months of ventilation to coincide with their wedding date in October. It is expected that the 'Dragon Boat Mini-Vacation' at the end of May will bring another peak in the renovation season.

For more latest building materials news, please visit the Building Materials Network: http://www.jiancaixinxi.net/

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