PHILIPPINES PRESS-BSP eyes price index for real estate sector - Inquirer

Thu Feb 20, 2014 7:37pm EST

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The Philippine central bank is drawing up plans to create an official price index to track the value of homes in the country as part of an effort to closely watch the sensitive real estate sector, the Philippine Daily Inquirer newspaper reported.

(link.reuters.com/qar96v)

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NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by Manila Newsroom; Editing by Sunil Nair)

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