BIZCHINA / Biz Media Digest

Construction: Price index jumps
(Shanghai Daily)
Updated: 2006-06-22 15:10

The housing price index in Beijing, China's capital, surged 10.3 percent in May from a year ago, the Beijing Statistics Bureau said yesterday.

From January to May, the housing price index in the city increased 9.4 percent, according to the statistics bureau.

Developers completed the construction of 4.1 million square meters of houses during the period, down 32 percent from a year ago, according to the bureau.


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