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QE3 boosts price of HK flats, say agents

The third round of quantitative easing (QE3) by the US Federal Reserve has boosted the average price of flats in the 100 major housing estates in Hong Kong to record highs.

The Centa-City Leading Index compiled by Centaline Property, which reflects average prices at 100 mass and luxury housing estates across the city, climbed 0.3 points to 110.14.


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