China’s home inventories hit new high in five years as housing market cools

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China's unsold new home inventories have climbed to the highest level since August 2016 as housing market cools, according to a report released by the E-House China R&D Institute on Friday.

As of the end of November, new home inventories at the 100 major cities stood at 521.1 million square meters, rising by 2.1% from the same period last year and also growing by 2.1% from the previous . . .

 

 

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