Real Estate Market

The per capital disposable income for the urban residents and farmers in 2003 was 12,361 yuan and 6,750 yuan respectively, increasing by 16.4% and 10% over the last year. The living expenditures for the people of cities and farmers were 9,272.5 yuan and 4,643 yuan, increasing by 20.7% and 9.8%. The Engel Index, the ratio of the expenditure of food consumption to that of living consumption, was 37.8% for the urban residents and 37.6% for the farmers. At the end of 2003, the total saving of the people both in the urban and the rural amounted to 147.05 billion yuan, and the per capita saving was 24,900 yuan. The number of privately owned vehicles in Suzhou reached 158,400, 52.3% higher than that of the last year. The per capita housing floor space for the urban residents was 18.62 square meters,1.25 square meters larger than the previous year. The whole-set ratio of the dwelling house reaches as high as 87.84%.

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