Inventory of unsold homes up 4.85% in January-March quarter at 7,34,000 units
It would take at least 31 months to sell this stock at the current rate of absorption. A healthy market, however, would maintain inventory for just 8 months.
from Real Estate-Markets-The Economic Times http://ift.tt/QKup4z
It would take at least 31 months to sell this stock at the current rate of absorption. A healthy market, however, would maintain inventory for just 8 months.
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