房地产开发2025年1-4月统计局数据点评：住宅销售金额-1.9%，投资同比-10.3%，跌幅均有所扩大

请仔细阅读本报告末页声明增持（维持）行业走势作者分析师金晶执业证书编号：S0680522030001邮箱：jinjing3@gszq.com分析师夏陶执业证书编号：S0680524070006邮箱：xiatao@gszq.com相关研究1、《房地产开发：2025W22：本周新房成交同比-11.9%，二手房同比+8.9%》2025-06-032、《房地产开发：2025W21：本周新房成交同比+1.6%，4月全国房价延续阴跌》2025-05-253、《房地产开发：2024开发房企年报综述：行业全面亏损，头部房企依然具备显著竞争优势》2025-05-20-20%-8%4%16%28%40%2024-062024-102025-022025-06房地产开发沪深300 P.2内容目录一、1-4月房地产开发投资额累计同比-10.3%............................................................................................3二、1-4月销售金额累计同比-3.2%，销售面积累计同比-2.8%....................................................................6三、1-4月房企到位资金累计同比-4.1%....................................................................................................8四、投资建议........................................................................................................................................10风险提示..............................................................................................................................................11图表目录图表1：房地产开发投资额累计值及同比...................................................................................................3图表2：房地产开发投资额单月值及同环比...............................................................................................3图表3：住宅开发投资额累计值及同比......................................................................................................3图表4：住宅开发投资额单月值及同环比...................................................................................................3图表5：累计开发投资额同比增速分业态（%）.........................................................................................4图表6：单月开发投资额同比增速分业态（%）.........................................................................................4图表7：累计投资同比增速分区域（%）...................................................................................................4图表8：单月投资同比增速分区域（%）...................................................................................................4图表9：累计新开工面积及同比................................................................................................................5图表10：单月新开工面积及同环比...........................................................................................................5图表11：累计竣工面积及同比.................................................................................................................5图表12：单月竣工面积及同环比..............................................................................................................5图表13：各类房屋累计新开工面积同比（%）...........................................................................................5图表14：各类房屋累计竣工面积同比（%）..............................................................................................5图表15：累计施工面积及同比.................................................................................................................6图表16：各类房屋累计施工面积同比（%）..............................................................................................6图表17：商品房销售金额累计值及同比....................................................................................................6图表18：商品房销售金额单月值及同环比.................................................................................................6图表19：商品房销售面积累计值及同比....................................................................................................7图表20：商品房销售面积单月值及同环比.................................................................................................7图表21：累计销售金额同比分业态...........................................................................................................7图表22：累计销售面积同比分业态...........................................................................................................7图表23：累计销售金额同比分区域...........................................................................................................8图表24：单月销售金额同比分区域...........................................................................................................8图表25：商品房销售累计均价及同比.......................................................................................................8图表26：商品房待售面积及同比..............................................................................................................8图表27：房企到位资金累计值及同比.......................................................................................................9图表28：房企到位资金单月值及同环比....................................................................................................9图表29：各项资金来源占比（%）...........................................................................................................9图表30：各项资金来源累计同比（%）....................................................................................................9图表31：国内贷款累计值及同比..............................................................................................................9图表32：利用外资累计值及同比..............................................................................................................9图表33：自筹资金累计值及同比.............................................................................................................10图表34：定金及预收款累计值及同比.......................