1.1% drop in URA's Q2 private home price index 'mild', say analysts
Market insiders say headline prices propped up by agents kicking back commissions to buyers
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Singapore
THE Urban Redevelopment Authority's benchmark overall private home price index fell for the second consecutive quarter. It eased 1.1 per cent quarter-on-quarter (q-o-q) in Q2 2020 based on the flash estimate issued on Wednesday, after slipping 1.0 per cent in Q1 2020.
Suburban non-landed private home prices remained unchanged in the April to June period.
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