Will China’s National Real Estate Climate Index grow in October?
Market Rules
China’s National Real Estate Climate Index follows the theory of economic cycle fluctuation, takes real estate development and investment as benchmarks, and is composed of multiple indicators. The most appropriate level for it is 100, and the moderate level is between 95 and 105.
If China’s National Real Estate Climate Index for October 2023 is higher than its figures for September 2023 this market will resolve to “Yes”.
The reference to resolve this market will be the Investment in Real Estate Development report, set to be released monthly by the National Bureau of Statistics of China.