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Recently, the University of Hong Kong released their聽Hong Kong Residential Real Estate 聽(HKU-REIS) indicating that, in July, the price of residential properties increased 0.19% since June and climbed 7.54% above the level seen in July 2011.聽
The HKU-REIS is a set of property price indices constructed monthly using a聽鈥渕odified鈥� repeat-sale methodology聽similar to that of the S&P/Case-Shiller indices yet suited to the Hong Kong property market.聽
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