Saturday , February 23 2019

Singapore home prices rise despite curbs

Bloomberg

Singapore private home prices are still inching higher —albeit at the slowest pace in five quarters — even after the government imposed additional property curbs to avoid the risk of a sharp correction that could be destabilising to the city-state’s economy.
An index tracking private residential prices increased 0.5 percent in the three months ended September 30 compared to a 3.4 percent advance in the June quarter, according to a flash estimate from the Urban Redevelopment Authority on Monday. That adds to a 9.1 percent gain in the year through June.

About Admin

Check Also

Australian building approvals suffer as housing woes deepen

Bloomberg Australian building approvals suffered the biggest annual back-to-back drop in almost a decade as ...

Leave a Reply

Your email address will not be published. Required fields are marked *