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

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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