New housing price index increases in February

The American Chamber of Commerce in Mongolia

2018-04-16 14:30 GMT+8

The Bank of Mongolia presented February's housing price index prepared by Tenkhleg Zuuch LLC.

According to data from February, the new housing price index stands at 1.017 points, an increase of 1.7 percent compared to January 2013, and an increase of 0.88 percent compared to February 2017. The index for older housing prices reached 0.924, and saw decreases of 7.59 percent compared to January 2013 and by 0.21 percent compared to February 2017. The index was compiled based on data for 4,718 apartments. 

 

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