New Private home sales have more than halved in April, from March. Its a first sign that cooling measures have started to work..amidst all the news of Executive Condominiums setting record sales, etc.. 1374 homes were sold down from 2793 units sold in March. A housing situation fuelled by low interest rate and great demand from influx of foreigners. Provided that liquidity is starting to be controlled, the present housing number or sales looks set to increase.
Wednesday, May 15, 2013
Private Home Sales starting to dip?
New Private home sales have more than halved in April, from March. Its a first sign that cooling measures have started to work..amidst all the news of Executive Condominiums setting record sales, etc.. 1374 homes were sold down from 2793 units sold in March. A housing situation fuelled by low interest rate and great demand from influx of foreigners. Provided that liquidity is starting to be controlled, the present housing number or sales looks set to increase.
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