According to a study by three IMF economists, a doubling of the oil price results eventually in a 50% rise in the price of non-tradable goods (such as housing), relative to tradables.

据IMF的三位经济学家研究，油价翻翻，最终导致非交易性物品(比如住房)的价格比可交易物品上涨50%。

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In recent years the housing price is always a hot spot which the society pays attention, and Hangzhou's housing rise in price extremely is all typical in the nation.

近几年住宅价格一直是社会关注的热点，而杭州市的住宅价格上涨在全国十分典型。

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At the same time, accompanied by booming real estate market supply and demand situation is the rapid rise in property prices. In the past decade, the average national housing price has increased 128%.

同时，伴随着房地产市场供需两旺局面的是房地产价格的快速上涨，仅在过去的十年中，全国房屋平均售价涨幅已达128%。

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Inflation has risen, from 7% year-on-year in January to 14% in October, thanks mainly to a rise in the price of housing and basic services as subsidies have been withdrawn.

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Mr Goodhart argues, therefore, that a rise in the price of a house (a claim on future housing services) or a share (a claim on future dividends) should be counted as inflation, just as much as a rise in the prices of carrots or cars.

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Meanwhile, the Federal Housing Finance Agency's February home-price index showed a monthly rise of 0.7% in February, while new-home sales for March rose 1.5% to a seasonally adjusted annualized rate of 417, 000.

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