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First House Consumption Index

China's first house consumption index has been issued jointly by Shanghai Evening Post, a Shanghai house sales company and a local real estate institute.

 

The house consumption index, composed of demand index, supply index and exchange index, will provide domestic consumers comprehensive real estate market information.

Consumers could make a relatively more accurate forecast on the market by analyzing the index.

 

(CRI December 6, 2004)

 

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