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The latest release of the University of Hong Kong'蝉听聽(HKU-REIS) indicating that, in December, the price of residential properties declined 0.8% since November but climbed 26.77% above the level seen in December 2011.聽
The HKU-REIS is a set of property price indices constructed monthly using a聽聽similar to that of the S&P/Case-Shiller indices yet suited to the Hong Kong property market.聽
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