The average home price rose 1.2 % in January from the same month a year earlier, data provider China Real
Estate Index System said Friday.
A survey of property developers and real estate companies showed the average price of housing in 100 Chinese cities rose by a modest 0.03 % in December from a year earlier, data provider China Real
Estate Index System said Friday.
Not exact matches
Last month MSCI and S&P Dow Jones
Indices announced that their Global Industry Classification
System (GICS) will soon count real
estate — and, therefore, many REITS — as a separate investment category rather than as a subset of financials.
Specifically, stock exchange - listed equity REITs and other listed real
estate companies were reclassified from the financials sector and elevated to an 11th headline real
estate sector of the Global Industry Classification Standard (GICS), the leading global listed equity classification
system maintained by the S&P Dow Jones and MSCI Inc.
indices.
The establishment of a distinct Real
Estate Industry group within the FTSE Russell ICB mirrors the creation last August 31 of a new headline Real
Estate Sector in the Global Industry Classification Standard (GICS), the industry classification
system jointly managed by S&P Dow Jones
Indices and MSCI, which is used to structure their
index products.