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Qin Zhanxue, vice president of the China Building Materials Circulation Association, stated that “In May, the popularity index and sales ability index of BHI both rose sharply, and the promotional campaign on May Day boosted BHI.â€
However, he believes that the Golden Week in May is the turning point in the home furnishing and home furnishing market. The vast majority of the home furnishing market has played a big sales promotion campaign. Various promotional methods are frequently used to promote the continued rise of BHI in May, but there has been no blowout phenomenon in May. Compared with the same period of last year, it still showed a decline, indicating that the impact of real estate regulation is still in effect.
Qin Zhanxue also pointed out that the state-sponsored affordable housing project has become a new direction for the development of the building materials industry, and a huge amount of decoration will gradually lead the building materials home market to gradually pick up.
In March 2010, China Construction Materials Circulation Association launched China's first macroeconomic index BHI that reflects the market trend of the building materials home furnishing industry. BHI is compiled based on the statistical data of the typical domestic building materials home furnishing market. It is weighted by the number of building materials in the home market, the purchasing power index, the sales ability index, and the employment rate index.
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The China Building Materials Circulation Association's National Building Materials Index (BHI) released on June 12 showed that BHI was 121.29 in May, a 10.23% increase from the previous period and a decrease of 10.09% year-on-year. BHI steadily increased after resuming its freezing point in April. .