Realty firms see surge in 3rd quarter inventories

Statistics reflect current financial landscape of sector, industry experts say

Real estate companies listed on the mainland bourses saw a surge in inventories during the third quarter of the year, a report said on Monday

The 142 A-share listed realty companies reported combined inventories of some 2.3 trillion yuan ($375.8 billion) in their third-quarter financial reports, a 21 percent year-on-year increase, according to statistics provided by Shanghai-based WIND Co Ltd, a financial information services provider.