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On falling home prices and black-and-white houses
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Published Fri, Jul 7, 2023 · 04:33 PM
What goes up my have to come down eventually.
For the first time in three years, the Urban Redevelopment Authority’s (URA) widely watched overall private home price index has eased.
It contracted 0.4 per cent quarter-on-quarter (qoq) in Q2 2023, based on the latest flash estimate data released by URA on Jul 3, in sharp contrast with the 3.3 per cent qoq rise in Q1 2023.
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