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MAS: Housing sector has no strong link to jobs and business cycles

Published Tue, Oct 27, 2015 · 09:50 PM

Singapore

THERE is no strong correlation between how the housing market performs in Singapore and business cycles in the country.

In addition, the housing market's impact on the domestic labour market is also limited, said the Monetary Authority of Singapore (MAS) in its Macroeconomic Review report that was released on Tuesday.

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International

International

MAS: Housing sector has no strong link to jobs and business cycles

KEYWORDS IN THIS ARTICLE

International

Gas prices are putting Washington’s boldest climate policy at risk

India collects record 2.10 trillion rupees as goods and services tax in April

China travel surges for May holiday but consumers remain wary

Macau casinos remain resilient in April as consumers seek fun

Japan may introduce tax breaks to spur repatriation into yen: Sankei

Asset owners can’t afford to sidestep sustainability

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