Glossary entry

Chinese term or phrase:

兴木动工

English translation:

housing starts

Added to glossary by Denyce Seow
Apr 22, 2006 00:50
18 yrs ago
Chinese term

兴木动工

Chinese to English Bus/Financial Economics
四月份兴木动工增长百分之十一,年率为二百零三点八万间房屋
Proposed translations (English)
3 +2 housing starts

Discussion

Clark An Apr 22, 2006:
兴木动工 is not an index.They just compare the husing starts with the former.And the so-called 新屋開工率 is a ratio,but 兴木动工 is a behavior indeed.
Angus Woo Apr 22, 2006:
As far as I know, there is not such an index called 興木動工指標. Wherestip gave a very good suggestion, but I am not sure if that's the one. For husing starts refers to 新屋開工率. More text might just help.

Proposed translations

+2
4 mins
Selected

housing starts

http://www.investopedia.com/university/releases/housingstart...

Background:
This economic indicator tracks how many new single-family homes or buildings were constructed throughout the month. For the survey each house and each single apartment are counted as one housing start, (a building with 200 apartments would be counted as 200 housing starts). The figures include all private and publicly owned units, with the only exception being mobile homes which are not counted.

Most of the housing start data is collected through applications and permits for building homes. The housing start data is offered in an unadjusted and a seasonally adjusted format.

Peer comment(s):

agree Clark An : Nice words.
12 hrs
Thanks
agree CHEN-Ling
13 hrs
Thanks
Something went wrong...
4 KudoZ points awarded for this answer. Comment: "I will continue my research based on this. I appreciate wherestip's help and the comments made by Angus and Clark."
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