Ke Rui Real Estate: Total inventory of real estate companies has been declining for four consecutive years, and completed inventory is shrinking in the short term.

Wisdom Securities APP learned that on September 22, Ke Rui Real Estate Research released a report, showing that based on the data for the first half of 2025 disclosed by typical enterprises, the total inventory book value was 8.14 trillion yuan, a 4.6% decrease from the 8.53 trillion yuan at the end of 2024. The inventory scale has shown a negative growth trend for several consecutive years since 2022, and this year marks the fourth year. Compared with the 5.1% decrease in inventory total quantity in the first half of 2024, the pace of decrease in inventory scale has slightly slowed down.