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

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

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    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.

    HousingEmployment

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