The supply of new buildings falls back to 109,000 units in the next 4 years

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The supply of new buildings falls back to 109,000 units in the next 4 years

The government is slowing down the pace of promotion, and the potential supply of private housing in the future has declined as well. According to the latest data from the Housing Authority, the potential supply of private buildings is about 109,000 units in the next 3 to 4 years, ending three consecutive quarters of upward trend, cutting production by about 3,000 units or about 2.68% quarterly, mainly due to the decline in both approved land an…