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China's vacant commodity houses had surged 14.4 percent to 121 million square meters in floor space by the end of July, the National Bureau of Statistics said Thursday.

 

The real estate climate index in July stood at 103.51, up 1.54 over the same month of last year.

 

Released by the NBS, the composite index reflects the current situation and development trend of the real estate market in China.

 

(Xinhua News Agency August 17, 2006)