In 2021, China's housing prices peaked, and land sale revenue hit a record high of 8.71 trillion yuan, followed by a significant annual decline.
Evidence EVIDENCE
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多伦多方脸
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Context CONTEXT
Cause
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This event
China's Housing Prices and Land Fiscal Revenue Reached Historical Peaks
2021 · Verified
Effect
2025
·Verified
·Importance IV
·China
Coverage of this event COVERAGE