According to data from the China Index Research Institute, in November, the four major first-tier cities, Beijing, Shanghai, Guangzhou, and Shenzhen, all had land concession arrangements. The second-tier cities, such as Hangzhou, Chengdu, Wuhan, and Nanjing, not only sold multiple lots of residential land, but also all had high-quality residential land in the core sector. There will be 116 residential land sales within the above 8 cities, with a total starting price of over 76.8 billion yuan.

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