EARLY sales of private homes for May show it is likely to surpass April's, a month where developers sold 735 private homes in the absence of major launches.

THE wave of new launches that began in earnest the second half of last year may have helped developer sales end the year on a stronger than expected note.

THIS year's new home sales could be as much as 25 per cent lower than last year's levels, market watchers said, after government data revealed subdued home-buying activity in August as a...