New house price indexes unveiled

08:50, February 17, 2011      

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China will release two new indexes for home prices and change the survey's methodology, the National Bureau of Statistics said, as the government faces pressure to rein in rising property prices.

The government will release two indexes of new and second-hand home sales from January, the agency said in a statement posted on its website on Wednesday. It will stop releasing national average property prices, according to the statement.

Source:China Daily
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